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Commonwealth Bank of Australia ( (AU:CBA) ) has shared an announcement.
The Commonwealth Bank of Australia has become a substantial holder in Helia Group Ltd, with a voting power of 5.03% through its acquisition of fully paid ordinary shares. This move signifies CBA’s strategic interest in Helia Group, potentially impacting its market positioning and influence within the financial sector, as well as affecting stakeholders related to both companies.
The most recent analyst rating on (AU:CBA) stock is a Sell with a A$95.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.
More about Commonwealth Bank of Australia
Commonwealth Bank of Australia (CBA) operates in the financial services industry, offering a range of banking and financial products and services. Its market focus includes retail, business, and institutional banking, as well as wealth management and insurance services.
Average Trading Volume: 2,488,549
Technical Sentiment Signal: Buy
Current Market Cap: A$277.8B
See more data about CBA stock on TipRanks’ Stock Analysis page.