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The latest update is out from Lindsay Australia Limited ( (AU:LAU) ).
Lindsay Australia Limited has completed its acquisition of SRT Logistics, Tasmania’s largest provider of refrigerated supply chain solutions. This acquisition enhances Lindsay’s national service offering and provides a strategic entry into the Tasmanian road freight and Bass Strait shipping markets, offering increased customer and geographic diversification.
The most recent analyst rating on (AU:LAU) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Lindsay Australia Limited stock, see the AU:LAU Stock Forecast page.
More about Lindsay Australia Limited
Lindsay Australia Limited operates in the logistics industry, providing transport and supply chain solutions. The company focuses on refrigerated transport services across Australia, catering to the horticultural, wholesale, and retail food sectors.
Average Trading Volume: 617,040
Technical Sentiment Signal: Sell
Current Market Cap: A$228.4M
For a thorough assessment of LAU stock, go to TipRanks’ Stock Analysis page.