Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
GenusPlus Group Ltd. ( (AU:GNP) ) just unveiled an announcement.
GenusPlus Group Ltd, in partnership with ACCIONA, has been awarded a significant contract by AusNet to construct the Western Renewables Link in Victoria, valued at approximately AUD$1.6 billion. This project, which aims to enhance Victoria’s renewable energy infrastructure, will involve the construction of a 500 kV transmission line and is expected to generate substantial economic and community benefits, including job creation and long-term advantages for the local economy.
The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 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 supports the integration of new generation technology into traditional networks and offers scalable communication network solutions.
Average Trading Volume: 261,110
Technical Sentiment Signal: Buy
Current Market Cap: A$1.13B
For detailed information about GNP stock, go to TipRanks’ Stock Analysis page.