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The latest update is out from LGI LTD ( (AU:LGI) ).
LGI Limited has requested a trading halt on its securities pending an announcement regarding a proposed capital raising. This move indicates potential strategic financial maneuvers that could impact the company’s operations and market positioning, signaling possible growth or restructuring efforts to stakeholders.
The most recent analyst rating on (AU:LGI) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on LGI LTD stock, see the AU:LGI Stock Forecast page.
More about LGI LTD
LGI Limited is a company operating in the clean energy sector, focusing on engineering solutions for a zero-carbon future. Their primary activities include managing landfills, generating megawatts of power, and utilizing solar panels and batteries to contribute to environmental sustainability.
Average Trading Volume: 199,443
Technical Sentiment Signal: Buy
Current Market Cap: A$342M
Learn more about LGI stock on TipRanks’ Stock Analysis page.