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Reject Shop Limited ( (AU:TRS) ) has issued an update.
Harvest Lane Asset Management and its associated entities have increased their substantial holding in Reject Shop Limited, now owning 6.43% of the company’s ordinary shares. This change in substantial holding reflects a strategic move by Harvest Lane, potentially impacting the company’s market positioning and signaling confidence in Reject Shop’s future performance.
The most recent analyst rating on (AU:TRS) stock is a Hold with a A$3.70 price target. To see the full list of analyst forecasts on Reject Shop Limited stock, see the AU:TRS Stock Forecast page.
More about Reject Shop Limited
Reject Shop Limited operates in the retail industry, focusing on providing affordable everyday products to consumers. The company offers a range of items including homewares, stationery, and grocery products, primarily targeting budget-conscious shoppers.
Average Trading Volume: 189,043
Technical Sentiment Signal: Buy
Current Market Cap: A$248.1M
See more insights into TRS stock on TipRanks’ Stock Analysis page.