tiprankstipranks
Trending News
More News >

First Sentier Investors Acquires Substantial Stake in Ingenia Communities

Story Highlights
First Sentier Investors Acquires Substantial Stake in Ingenia Communities

Don’t Miss TipRanks’ Half-Year Sale

The latest update is out from Ingenia Communities Group ( (AU:INA) ).

Ingenia Communities Group has announced that First Sentier Investors has become a substantial holder, acquiring significant voting power in the company. This development indicates a strategic investment by First Sentier, potentially impacting Ingenia’s market positioning and stakeholder interests by aligning with a prominent investment manager.

The most recent analyst rating on (AU:INA) stock is a Hold with a A$6.15 price target. To see the full list of analyst forecasts on Ingenia Communities Group stock, see the AU:INA Stock Forecast page.

More about Ingenia Communities Group

Ingenia Communities Group operates in the real estate industry, focusing on providing affordable rental housing and lifestyle communities. The company is known for its residential communities tailored for seniors and retirees, offering a range of services and amenities to enhance the living experience.

Average Trading Volume: 905,869

Technical Sentiment Signal: Buy

Current Market Cap: A$2.33B

Learn more about INA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1