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The latest announcement is out from EML Payments ( (AU:EML) ).
EML Payments Limited has reached an in-principle agreement to settle a shareholder class action for $37,356,125, pending approval by the Supreme Court of Victoria. The settlement, which does not admit liability, allows EML to focus on its EML2.0 strategy and will be funded through existing cash and debt facilities.
The most recent analyst rating on (AU:EML) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on EML Payments stock, see the AU:EML Stock Forecast page.
More about EML Payments
EML Payments is a global payments company operating in Australia, the UK, Europe, USA, and Canada. It serves a diverse range of customers, including government entities, retail brands, financial services, and human capital management companies.
Average Trading Volume: 1,659,944
Technical Sentiment Signal: Buy
Current Market Cap: A$385.9M
For a thorough assessment of EML stock, go to TipRanks’ Stock Analysis page.