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Lifestyle Communities Ltd ( (AU:LIC) ) just unveiled an announcement.
Brahman Pure Alpha Pte Ltd, along with its associates Brahman Capital Management Pte Ltd and Belmont Capital Management Pty Ltd, has increased its voting power in Lifestyle Communities Limited from 11.863% to 13.946%. This change in substantial holding indicates a growing interest and influence by Brahman Pure Alpha in the company, potentially impacting the strategic direction and decision-making processes within Lifestyle Communities Limited.
The most recent analyst rating on (AU:LIC) stock is a Sell with a A$5.80 price target. To see the full list of analyst forecasts on Lifestyle Communities Ltd stock, see the AU:LIC Stock Forecast page.
More about Lifestyle Communities Ltd
Lifestyle Communities Limited operates in the real estate industry, focusing on the development and management of residential communities. The company primarily targets the lifestyle and retirement living sector, providing housing solutions for older Australians seeking community-oriented living environments.
Average Trading Volume: 905,383
Technical Sentiment Signal: Sell
Current Market Cap: A$725.7M
Find detailed analytics on LIC stock on TipRanks’ Stock Analysis page.