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The latest announcement is out from Ingenia Communities Group ( (AU:INA) ).
Ingenia Communities Group has announced the issuance of 153,490 unquoted performance rights under an employee incentive scheme. These securities are subject to transfer restrictions and will not be quoted on the ASX until the restrictions are lifted, reflecting the company’s commitment to aligning employee incentives with long-term business goals.
The most recent analyst rating on (AU:INA) stock is a Buy with a A$7.10 price target. To see the full list of analyst forecasts on Ingenia Communities Group stock, see the AU:INA Stock Forecast page.
More about Ingenia Communities Group
Ingenia Communities Group operates in the real estate industry, focusing on providing affordable rental housing and lifestyle communities for seniors and retirees. The company is known for its development and management of residential communities across Australia, catering primarily to the growing demand for senior living options.
Average Trading Volume: 1,103,323
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.27B
Learn more about INA stock on TipRanks’ Stock Analysis page.