Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Cobram Estate Olives Ltd. ( (AU:CBO) ) is now available.
Cobram Estate Olives Limited announced a change in directors’ interest notice following a successful $175 million institutional placement. Joint-CEOs Sam Beaton and Leandro Ravetti sold 2 million shares to repay company loans and personal tax liabilities, with no intention to sell further shares. Despite the sell-down, both CEOs remain committed to the company, maintaining significant shareholdings.
The most recent analyst rating on (AU:CBO) stock is a Buy with a A$3.44 price target. To see the full list of analyst forecasts on Cobram Estate Olives Ltd. stock, see the AU:CBO Stock Forecast page.
More about Cobram Estate Olives Ltd.
Cobram Estate Olives Limited is Australia’s largest vertically integrated olive farmer and marketer of premium quality extra virgin olive oil. The company owns a portfolio of premium olive oil brands, including Cobram Estate® and Red Island®, with extensive olive farming assets in Australia and the USA. CBO is a leader in the Australian olive industry and a global leader in sustainable olive farming, with operations in Australia and the USA, and export customers in 12 countries.
Average Trading Volume: 575,708
Technical Sentiment Signal: Buy
Current Market Cap: A$1.4B
For detailed information about CBO stock, go to TipRanks’ Stock Analysis page.