Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Environmental Group Limited ( (AU:EGL) ) has issued an announcement.
The Environmental Group Limited’s subsidiary, EGL Baltec, has secured a $9.3 million contract to supply Gas Turbine Diverter Bypass Exhaust Systems for the Manzanillo Energy Consortium Power Plant Project in the Dominican Republic. This contract enhances EGL Baltec’s market position in acoustic technology and operational flexibility, contributing to a total of $19.7 million in contracts won this year, and positions the company for strong financial performance.
The most recent analyst rating on (AU:EGL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Environmental Group Limited stock, see the AU:EGL Stock Forecast page.
More about Environmental Group Limited
The Environmental Group Limited (EGL) operates through four business units focused on environmental protection by improving air quality, reducing carbon emissions, enhancing waste treatment, and lifting water quality. EGL Clean Air offers technologies to reduce environmental pollutants, EGL Baltec produces gas turbine systems to support renewable energy, EGL Energy provides service and maintenance for energy equipment, and EGL Waste offers waste recovery solutions and develops sustainable treatment technologies.
Average Trading Volume: 334,586
Technical Sentiment Signal: Buy
Current Market Cap: A$104.6M
Find detailed analytics on EGL stock on TipRanks’ Stock Analysis page.