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Growthpoint Properties Australia Director Increases Stake

Story Highlights
  • Growthpoint Properties Australia operates in the commercial real estate sector.
  • Director Panayiotis Theocharides acquired 15,000 more securities, signaling confidence in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Growthpoint Properties Australia Director Increases Stake

Confident Investing Starts Here:

Growthpoint Properties Australia ( (AU:GOZ) ) has shared an update.

Growthpoint Properties Australia has announced a change in the director’s interest notice, with Director Panayiotis Theocharides acquiring an additional 15,000 ordinary fully paid stapled securities, bringing his total to 48,000. This on-market purchase reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and stability, which could have positive implications for stakeholders and market perception.

The most recent analyst rating on (AU:GOZ) stock is a Hold with a A$2.70 price target. To see the full list of analyst forecasts on Growthpoint Properties Australia stock, see the AU:GOZ Stock Forecast page.

More about Growthpoint Properties Australia

Growthpoint Properties Australia Limited, along with Growthpoint Properties Australia Trust, operates in the real estate sector, focusing on investment in commercial properties. The company primarily deals with the acquisition, management, and development of office and industrial properties across Australia.

Average Trading Volume: 523,346

Technical Sentiment Signal: Buy

Current Market Cap: A$1.92B

Find detailed analytics on GOZ stock on TipRanks’ Stock Analysis page.

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