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An announcement from Ardent Leisure Group Ltd ( (AU:CEH) ) is now available.
Coast Entertainment Holdings Limited is currently navigating a preliminary development application process with the City of Gold Coast Council, which may be subject to a ‘call-in’ by the Queensland Deputy Premier and Planning Minister. The company is prepared to challenge any restrictive conditions imposed by the State Assessment and Referral Agency and remains committed to investing in its theme parks to support regional tourism and infrastructure, particularly in light of the upcoming Brisbane 2032 Olympic Games.
The most recent analyst rating on (AU:CEH) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Ardent Leisure Group Ltd stock, see the AU:CEH Stock Forecast page.
More about Ardent Leisure Group Ltd
Ardent Leisure Group Ltd operates in the entertainment and leisure industry, focusing on theme parks and attractions. The company is known for its popular destinations such as Dreamworld, WhiteWater World, and SkyPoint, and is committed to enhancing tourism and infrastructure in the Gold Coast region.
Average Trading Volume: 724,222
Technical Sentiment Signal: Sell
Current Market Cap: A$166.2M
Learn more about CEH stock on TipRanks’ Stock Analysis page.