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Breville Group ( (AU:BRG) ) has issued an announcement.
Breville Group has announced a significant change in its shareholder structure, with First Sentier Investors Holdings Pty Limited and its subsidiaries acquiring a substantial holding in the company. This development indicates a shift in the voting power and control over the company’s shares, potentially impacting its strategic direction and governance. As a result, stakeholders, including investors and market analysts, may need to reassess their positions and expectations regarding Breville Group’s future performance and market strategy.
The most recent analyst rating on (AU:BRG) stock is a Hold with a A$32.70 price target. To see the full list of analyst forecasts on Breville Group stock, see the AU:BRG Stock Forecast page.
More about Breville Group
Average Trading Volume: 485,868
Technical Sentiment Signal: Buy
Current Market Cap: A$4.22B
For a thorough assessment of BRG stock, go to TipRanks’ Stock Analysis page.