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Netwealth Group Ltd. ( (AU:NWL) ) has issued an announcement.
Netwealth Group Ltd. has announced the appointment of Michael Howard Wachtel as a director, effective June 3, 2025. This appointment is part of the company’s ongoing efforts to strengthen its leadership team, potentially impacting its strategic direction and enhancing its market position. Wachtel’s involvement with 6,850 ordinary shares through Fresnaye Nominees Pty Ltd as trustee for Fresnaye Superannuation Fund indicates a vested interest in the company’s growth and success.
The most recent analyst rating on (AU:NWL) stock is a Hold with a A$14.00 price target. To see the full list of analyst forecasts on Netwealth Group Ltd. stock, see the AU:NWL Stock Forecast page.
More about Netwealth Group Ltd.
Netwealth Group Ltd. operates in the financial services industry, focusing on providing investment and superannuation solutions. The company is known for its innovative approach to wealth management and caters primarily to individual investors and financial advisors in the Australian market.
Average Trading Volume: 539,299
Technical Sentiment Signal: Buy
Current Market Cap: A$7.79B
Learn more about NWL stock on TipRanks’ Stock Analysis page.