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Downer EDI Director Increases Shareholding

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Downer EDI Director Increases Shareholding

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Downer EDI Limited ( (AU:DOW) ) has issued an announcement.

Downer EDI Limited announced a change in the director’s interest, with Director Sheridan Broadbent acquiring 10,000 ordinary shares through an on-market trade, increasing her total holdings to 17,590 shares. This change reflects the director’s increased stake in the company, potentially signaling confidence in Downer EDI’s future performance and strategic direction.

The most recent analyst rating on (AU:DOW) stock is a Hold with a A$7.60 price target. To see the full list of analyst forecasts on Downer EDI Limited stock, see the AU:DOW Stock Forecast page.

More about Downer EDI Limited

Downer EDI Limited operates in the engineering and infrastructure management services industry, providing integrated services in Australia and New Zealand. The company focuses on sectors such as transport, utilities, facilities, and mining, offering services that range from design and construction to maintenance and operations.

Average Trading Volume: 1,356,278

Technical Sentiment Signal: Buy

Current Market Cap: A$4.86B

For a thorough assessment of DOW stock, go to TipRanks’ Stock Analysis page.

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