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Shopping Centres Australasia Property Group RE ( (AU:RGN) ) just unveiled an update.
Shopping Centres Australasia Property Group RE, operating under Region Group, has announced a change in the director’s interest notice. Anthony Michael Grainger Mellowes, a director, has increased his holdings in the company by acquiring 310,722 stapled units through the Executive Incentive Plan, reflecting both long-term and short-term incentive rights. This change indicates a significant increase in his stake, which could signal confidence in the company’s future performance and potentially impact stakeholder perceptions positively.
The most recent analyst rating on (AU:RGN) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Shopping Centres Australasia Property Group RE stock, see the AU:RGN Stock Forecast page.
More about Shopping Centres Australasia Property Group RE
Average Trading Volume: 3,291,897
Technical Sentiment Signal: Buy
Current Market Cap: A$2.87B
For detailed information about RGN stock, go to TipRanks’ Stock Analysis page.