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An update from Bluescope Steel ( (AU:BSL) ) is now available.
BlueScope Steel has accepted the Federal Court of Australia’s decision to decline its appeal against civil proceedings initiated by the ACCC, concerning matters from 2013 and 2014. This decision concludes a long-standing legal issue, potentially allowing BlueScope to focus on its core operations without the overhang of legal uncertainties, which may positively impact its industry positioning and stakeholder confidence.
The most recent analyst rating on (AU:BSL) stock is a Hold with a A$24.00 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 is a leading company in the steel industry, primarily focused on manufacturing and distributing steel products. It operates in various markets, providing essential materials for construction and infrastructure projects.
Average Trading Volume: 1,474,351
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$9.95B
See more data about BSL stock on TipRanks’ Stock Analysis page.