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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.
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