Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Tabcorp Holdings Limited ( (AU:TAH) ) just unveiled an update.
Tabcorp Holdings Limited has announced that Australian Retirement Trust Pty Ltd has become a substantial shareholder, holding over 5% of its ordinary shares. This development highlights the regulatory complexities surrounding shareholding in Tabcorp, as there are strict limitations on the percentage of shares and voting power any single entity can hold without government approval, ensuring compliance with both company and legislative mandates.
The most recent analyst rating on (AU:TAH) stock is a Buy with a A$0.58 price target. To see the full list of analyst forecasts on Tabcorp Holdings Limited stock, see the AU:TAH Stock Forecast page.
More about Tabcorp Holdings Limited
Tabcorp Holdings Limited is a prominent company in the gambling and entertainment industry, primarily offering wagering, gaming, and media services. The company focuses on providing betting solutions and operates within a regulated market, adhering to various legislative and constitutional requirements.
Average Trading Volume: 4,704,920
Technical Sentiment Signal: Buy
Current Market Cap: A$1.63B
For detailed information about TAH stock, go to TipRanks’ Stock Analysis page.