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Challenger ( (AU:CGF) ) has shared an update.
Challenger Limited has announced that it has ceased to be a substantial holder in IRESS Limited, indicating a change in its investment position. This move may impact Challenger’s portfolio strategy and reflects a shift in its investment focus, potentially affecting stakeholders and market perceptions.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$8.50 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 a financial services company based in Australia, primarily offering retirement and investment services, life insurance, and investment management solutions. The company operates through various subsidiaries, focusing on providing financial security for retirees and managing investments for institutional and retail clients.
Average Trading Volume: 2,044,146
Technical Sentiment Signal: Buy
Current Market Cap: A$5.91B
For an in-depth examination of CGF stock, go to TipRanks’ Overview page.