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Challenger ( (AU:CGF) ) has issued an announcement.
Challenger Limited has announced a change in its substantial holding in Lynas Rare Earths Ltd, with a slight increase in its voting power from 5.08% to 6.12%. This adjustment in stakeholding reflects Challenger’s strategic interest in Lynas Rare Earths, potentially impacting its investment portfolio and market positioning.
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 operates in the financial services industry, offering a range of products and services including life insurance, investment management, and retirement solutions. The company focuses on providing financial security for its clients and has a significant presence in the Australian market.
Average Trading Volume: 3,010,149
Technical Sentiment Signal: Buy
Current Market Cap: A$5.43B
For detailed information about CGF stock, go to TipRanks’ Stock Analysis page.