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G8 Education Limited ( (AU:GEM) ) just unveiled an update.
Macquarie Group Limited and its controlled entities have lodged a notice that they have ceased to be substantial shareholders in G8 Education Limited. The change in substantial holding alters G8 Education’s institutional investor base, potentially affecting market perceptions of support from a major financial group but does not directly change the company’s underlying childcare operations.
The most recent analyst rating on (AU:GEM) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on G8 Education Limited stock, see the AU:GEM Stock Forecast page.
More about G8 Education Limited
G8 Education Limited is an Australian company operating in the early childhood education and care sector. It manages and operates childcare and early learning centres across Australia, focusing on providing education and care services for young children to families in its local markets.
Average Trading Volume: 7,020,048
Technical Sentiment Signal: Sell
Current Market Cap: A$189M
Find detailed analytics on GEM stock on TipRanks’ Stock Analysis page.