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The latest update is out from Brambles ( (AU:BXB) ).
Brambles Limited announced the quotation of 2,000 ordinary fully paid securities on the ASX as part of an employee incentive scheme. This move is expected to enhance employee engagement and align their interests with the company’s performance, potentially strengthening Brambles’ market position and stakeholder relations.
The most recent analyst rating on (AU:BXB) stock is a Buy with a A$27.50 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 operates in the logistics industry, primarily providing supply chain solutions through the management of reusable pallets, crates, and containers. The company focuses on optimizing the flow of goods across various sectors, including consumer goods, fresh produce, and automotive industries.
Average Trading Volume: 3,084,533
Technical Sentiment Signal: Buy
Current Market Cap: A$31.25B
Learn more about BXB stock on TipRanks’ Stock Analysis page.