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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.