tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

National Storage REIT Discloses Equity Derivatives Notice from Pentwater Capital

Story Highlights
National Storage REIT Discloses Equity Derivatives Notice from Pentwater Capital

Claim 50% Off TipRanks Premium and Invest with Confidence

National Storage REIT ( (AU:NSR) ) just unveiled an announcement.

National Storage REIT has disclosed a notice from Pentwater Capital Management LP regarding equity derivatives, as per the Australian Takeovers Panel Guidance Note 20. This disclosure involves a cash-settled equity swap related to 96,867,732 ordinary shares of National Storage REIT, with no previous information disclosed or relevant interest in the securities by Pentwater.

The most recent analyst rating on (AU:NSR) stock is a Hold with a A$2.86 price target. To see the full list of analyst forecasts on National Storage REIT stock, see the AU:NSR Stock Forecast page.

More about National Storage REIT

National Storage is the largest self-storage provider in Australia and New Zealand, operating over 290 locations. It offers tailored storage solutions to more than 101,900 residential and commercial customers and is the first independent, internally managed, and fully integrated owner and operator of self-storage centers listed on the Australian Securities Exchange (ASX).

Average Trading Volume: 10,255,361

Technical Sentiment Signal: Buy

Current Market Cap: A$3.9B

See more insights into NSR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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
1