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The latest announcement is out from Helloworld Travel Ltd ( (AU:HLO) ).
Helloworld Travel Ltd has announced the issuance of 240,000 ordinary fully paid securities as part of acquiring a 40% stake in Brighton Travelworld Pty Ltd. This strategic move is expected to strengthen Helloworld’s market position by expanding its portfolio and enhancing its service offerings, potentially impacting its operational dynamics and stakeholder interests.
The most recent analyst rating on (AU:HLO) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Helloworld Travel Ltd stock, see the AU:HLO Stock Forecast page.
More about Helloworld Travel Ltd
Helloworld Travel Ltd operates in the travel industry, offering a range of travel services and products. The company focuses on providing travel solutions and experiences, catering to various market segments including leisure and corporate travel.
YTD Price Performance: -0.89%
Average Trading Volume: 312,804
Technical Sentiment Signal: Buy
Current Market Cap: A$292.4M
Find detailed analytics on HLO stock on TipRanks’ Stock Analysis page.