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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.