Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from IPH Ltd. ( (AU:IPH) ) is now available.
IPH Limited has released 5,961,705 fully paid ordinary shares from voluntary escrow, relating to its acquisition of Canadian IP firm ROBIC completed in December 2023. The company acknowledged that its notice to the ASX regarding the share release was lodged later than required due to an administrative oversight, but stated that its current compliance arrangements remain adequate and that it does not see a need for additional measures, suggesting minimal operational or regulatory impact from the delay for investors and other stakeholders.
The most recent analyst rating on (AU:IPH) stock is a Buy with a A$4.04 price target. To see the full list of analyst forecasts on IPH Ltd. stock, see the AU:IPH Stock Forecast page.
More about IPH Ltd.
IPH Limited is a leading intellectual property services group, operating a network of member firms across 27 offices and servicing more than 25 IP jurisdictions. Its portfolio includes well-known IP firms such as AJ Park, Applied Marks, Griffith Hack, Pizzeys, ROBIC, Smart & Biggar and Spruson & Ferguson, with nearly 1,800 employees based in Australia, Canada and several key markets across Asia-Pacific.
Average Trading Volume: 1,665,925
Technical Sentiment Signal: Sell
Current Market Cap: A$862.6M
Learn more about IPH stock on TipRanks’ Stock Analysis page.