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Breville Group ( (AU:BRG) ) has issued an update.
Greencape Capital has notified the market that it has ceased to be a substantial shareholder in Breville Group, lodging the required notice with the ASX. The change in holding reduces Greencape’s significant voting interest in the appliance maker, potentially altering Breville’s institutional shareholder base and the balance of influence among its major investors.
The most recent analyst rating on (AU:BRG) stock is a Hold with a A$29.00 price target. To see the full list of analyst forecasts on Breville Group stock, see the AU:BRG Stock Forecast page.
More about Breville Group
Breville Group is an Australian consumer goods company best known for its small kitchen appliances and home beverage equipment. The company designs and markets premium products such as coffee machines, blenders and food processors, targeting both domestic and international markets through retail and online channels.
Average Trading Volume: 358,678
Technical Sentiment Signal: Hold
Current Market Cap: A$4.05B
Learn more about BRG stock on TipRanks’ Stock Analysis page.