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The latest announcement is out from Challenger ( (AU:CGF) ).
Challenger Limited has announced the appointment of John Somerville and David Whittle as independent Non-Executive Directors, effective from June 2025, while JoAnne Stephenson will retire. These appointments reflect Challenger’s commitment to board renewal and enhancing its strategic capabilities, particularly in governance, risk management, and digital innovation. The changes are expected to support the company’s growth and digital transformation strategy, strengthening its position in the retirement and income market.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
More about Challenger
Challenger Limited is an investment management firm focused on providing financial security for retirement. It operates a fiduciary Funds Management division and an APRA-regulated Life division, with Challenger Life Company Limited being Australia’s largest provider of annuities.
YTD Price Performance: 28.33%
Average Trading Volume: 2,861,022
Technical Sentiment Signal: Buy
Current Market Cap: A$5.17B
For detailed information about CGF stock, go to TipRanks’ Stock Analysis page.