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IRESS Limited ( (AU:IRE) ) has issued an announcement.
Iress Limited has responded to an ASX price query regarding recent fluctuations in its securities’ trading price. The company stated it is unaware of any undisclosed information that could explain the trading activity. However, it acknowledged a media article suggesting potential acquisition interest, though it has no basis to confirm these claims. Iress continues to engage with multiple parties to explore strategic proposals, maintaining compliance with ASX listing rules.
The most recent analyst rating on (AU:IRE) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.
More about IRESS Limited
Iress Limited is a company based in Melbourne, Australia, operating in the financial technology industry. It provides software solutions primarily for financial services, including trading, market data, and wealth management systems, focusing on enhancing client engagement and operational efficiency.
YTD Price Performance: -1.37%
Average Trading Volume: 775,922
Technical Sentiment Signal: Buy
Current Market Cap: A$1.65B
For detailed information about IRE stock, go to TipRanks’ Stock Analysis page.