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Brambles Limited Announces Change in Director’s Shareholding

Story Highlights
  • Brambles Limited is a logistics company specializing in pooling equipment for various industries.
  • Director John Mullen acquired 18,600 more shares, signaling confidence in Brambles’ future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brambles Limited Announces Change in Director’s Shareholding

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Brambles ( (AU:BXB) ) has issued an update.

Brambles Limited announced a change in the director’s interest in its securities, with John Mullen acquiring an additional 18,600 ordinary shares through the Mullen Family Trust. This change reflects a significant increase in Mullen’s stake, potentially indicating confidence in the company’s future performance and impacting stakeholder perceptions.

The most recent analyst rating on (AU:BXB) stock is a Hold with a A$25.70 price target. To see the full list of analyst forecasts on Brambles stock, see the AU:BXB Stock Forecast page.

More about Brambles

Brambles Limited is a supply-chain logistics company based in Sydney, Australia. It specializes in the pooling of unit-load equipment, pallets, crates, and containers, primarily serving the fast-moving consumer goods, fresh produce, beverage, retail, and general manufacturing industries.

Average Trading Volume: 3,847,503

Technical Sentiment Signal: Buy

Current Market Cap: A$35.5B

For a thorough assessment of BXB stock, go to TipRanks’ Stock Analysis page.

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