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Boom Logistics Ltd ( (AU:BOL) ) just unveiled an announcement.
Boom Logistics Limited announced the resignation of Stephen Grove as a director and the appointment of Phil Canning as an independent non-executive director. Phil Canning brings over three decades of leadership experience in heavy equipment, mining services, energy, and industrial sectors, which aligns with Boom’s market focus. His extensive board and governance experience will support Boom’s long-term value creation and strategic execution, enhancing its position in the industry.
The most recent analyst rating on (AU:BOL) stock is a Buy with a A$2.13 price target. To see the full list of analyst forecasts on Boom Logistics Ltd stock, see the AU:BOL Stock Forecast page.
More about Boom Logistics Ltd
Boom Logistics Limited is Australia’s leading provider of complex lifting and project logistics solutions. The company offers specialized equipment, engineering services, and workforce solutions across a diverse range of industry projects, playing a crucial role in supporting Australia’s critical infrastructure development, renewable energy transition, and resource extraction projects. Boom focuses on delivering technically innovative outcomes with an emphasis on safety, customer value, operational efficiency, and sustainability.
YTD Price Performance: 17.73%
Average Trading Volume: 78,199
Technical Sentiment Signal: Buy
Current Market Cap: A$64.23M
For a thorough assessment of BOL stock, go to TipRanks’ Stock Analysis page.