tiprankstipranks
Trending News
More News >

AustralianSuper Increases Stake in Bluescope Steel

Story Highlights
AustralianSuper Increases Stake in Bluescope Steel

Confident Investing Starts Here:

The latest update is out from Bluescope Steel ( (AU:BSL) ).

AustralianSuper Pty Ltd has increased its voting power in Bluescope Steel Limited from 9.28% to 10.42%, indicating a growing interest and influence in the company. This change in substantial holding could impact Bluescope Steel’s strategic decisions and shareholder dynamics, reflecting AustralianSuper’s confidence in the company’s future prospects.

The most recent analyst rating on (AU:BSL) stock is a Hold with a A$22.00 price target. To see the full list of analyst forecasts on Bluescope Steel stock, see the AU:BSL Stock Forecast page.

More about Bluescope Steel

Bluescope Steel Limited operates in the steel industry, focusing on the production and distribution of steel products. The company is a significant player in the market, providing essential materials for construction, manufacturing, and infrastructure projects.

Average Trading Volume: 1,768,535

Technical Sentiment Signal: Buy

Current Market Cap: A$9.95B

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1