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Cedar Woods Properties Limited ( (AU:CWP) ) has issued an update.
Cedar Woods Properties Limited announced a change in the director’s interest, with William George Hames acquiring an additional 228,339 shares through the company’s Dividend Reinvestment Plan and Bonus Share Plan. This change reflects an increase in Mr. Hames’ holdings to 11,160,052 shares, indicating a strengthened stake in the company, which could signal confidence in the company’s future prospects and potentially impact investor sentiment positively.
The most recent analyst rating on (AU:CWP) stock is a Buy with a A$9.52 price target. To see the full list of analyst forecasts on Cedar Woods Properties Limited stock, see the AU:CWP Stock Forecast page.
More about Cedar Woods Properties Limited
Cedar Woods Properties Limited is a company involved in the real estate industry, focusing on property development and investment. It engages in the development of residential communities, commercial properties, and apartments, catering primarily to the Australian market.
Average Trading Volume: 272,334
Technical Sentiment Signal: Buy
Current Market Cap: A$746.1M
Learn more about CWP stock on TipRanks’ Stock Analysis page.