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IRESS Limited ( (AU:IRE) ) has shared an announcement.
Iress Limited is currently exploring potential acquisition interest, engaging with third parties to assess any change of control proposals that could be recommended by the Iress Board. While discussions are in early stages, the company emphasizes its commitment to maximizing shareholder value. Concurrently, Iress is planning a CEO succession, with current CEO Marcus Price discussing an orderly transition, supported by a search firm to explore potential candidates.
The most recent analyst rating on (AU:IRE) stock is a Hold with a A$10.00 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 technology company specializing in software solutions for the financial services industry. It offers software and services for trading and market data, financial advice, investment management, life and pensions, and data intelligence across regions including Asia-Pacific, North America, Africa, the UK, and Europe.
YTD Price Performance: -1.81%
Average Trading Volume: 906,737
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.66B
Learn more about IRE stock on TipRanks’ Stock Analysis page.