Austal Limited Strengthens Board with Appointment of Richard Gibb

Austal ( (AU:ASB) ) has issued an announcement.

Austal Limited has appointed Richard Gibb, a seasoned finance executive with extensive international experience, as a non-executive director. Gibb’s expertise in international finance and capital management is expected to enhance Austal’s board as the company expands its operations in the USA and strengthens its role in Australia. The board is also considering adding another non-executive director with manufacturing and contracting experience to support Austal’s growth and strategic objectives.

The most recent analyst rating on (AU:ASB) stock is a Hold with a A$2.55 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.

More about Austal

Austal is a global shipbuilder and defense prime contractor based in Australia, known for designing, constructing, and sustaining advanced commercial and defense vessels. With over 35 years of experience, Austal has delivered more than 350 vessels to operators in 59 countries. The company is Australia’s largest defense exporter and the first ASX-listed shipbuilder, with shipyards in Australia, the USA, Philippines, and Vietnam.

Average Trading Volume: 2,357,388

Technical Sentiment Signal: Buy

Current Market Cap: A$2.11B

For detailed information about ASB stock, go to TipRanks’ Stock Analysis page.