tiprankstipranks
Trending News
More News >

NAB Acquires Substantial Stake in Urbanise.com Limited

Story Highlights
NAB Acquires Substantial Stake in Urbanise.com Limited

Confident Investing Starts Here:

National Australia Bank Limited ( (AU:NAB) ) has shared an announcement.

National Australia Bank Limited (NAB) has become a substantial holder in Urbanise.com Limited, acquiring 11,796,136 fully paid ordinary shares, which equates to a 15% voting power. This acquisition, valued at $8,811,713.59, was executed through National Australia Investment Capital Pty Ltd, a subsidiary under NAB’s control, indicating NAB’s strategic interest in expanding its influence within the company.

The most recent analyst rating on (AU:NAB) stock is a Buy with a A$34.80 price target. To see the full list of analyst forecasts on National Australia Bank Limited stock, see the AU:NAB Stock Forecast page.

More about National Australia Bank Limited

YTD Price Performance: 2.14%

Average Trading Volume: 5,645,233

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$113B

For detailed information about NAB stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App