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Insignia Financial Ltd ( (AU:IFL) ) just unveiled an announcement.
Insignia Financial Ltd has experienced a change in the interests of its substantial holder, Australian Retirement Trust Pty Ltd. The voting power of the substantial holder has increased from 10.404% to 11.443%, indicating a significant rise in their stake in the company. This change in voting power could potentially impact the company’s decision-making processes and influence its strategic direction.
The most recent analyst rating on (AU:IFL) stock is a Sell with a A$2.21 price target. To see the full list of analyst forecasts on Insignia Financial Ltd stock, see the AU:IFL Stock Forecast page.
More about Insignia Financial Ltd
Average Trading Volume: 2,174,358
Technical Sentiment Signal: Buy
Current Market Cap: A$2.36B
For a thorough assessment of IFL stock, go to TipRanks’ Stock Analysis page.