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GenusPlus Group Ltd. ( (AU:GNP) ) has provided an announcement.
GenusPlus Group Ltd has secured a significant contract with NBN Co, valued at approximately $130 million, to upgrade the remaining Fibre to the Node network across Western Australia. This contract, which will be executed over 3.5 years, marks a strategic advancement in GenusPlus’s growth, reinforcing its position as a leading contractor in Australia’s critical infrastructure sector.
The most recent analyst rating on (AU:GNP) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.
More about GenusPlus Group Ltd.
GenusPlus Group Ltd is a specialist provider of power and communications infrastructure and services across Australia. The company designs, builds, and maintains electrical transmission and distribution networks, substations, and battery systems. GenusPlus also delivers integrated, efficient, and scalable communication network solutions, supporting the demands of a carbon-neutral economy.
Average Trading Volume: 253,405
Technical Sentiment Signal: Buy
Current Market Cap: A$619.8M
For a thorough assessment of GNP stock, go to TipRanks’ Stock Analysis page.
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