tiprankstipranks
Trending News
More News >

Norges Bank Acquires Substantial Stake in Johns Lyng Group

Story Highlights
Norges Bank Acquires Substantial Stake in Johns Lyng Group

Confident Investing Starts Here:

An announcement from Johns Lyng Group Ltd ( (AU:JLG) ) is now available.

Norges Bank has become a substantial holder in Johns Lyng Group Ltd, acquiring a 5.01% voting power through its management of ordinary shares. This acquisition signifies a notable investment by the Central Bank of Norway, potentially impacting the company’s market positioning and stakeholder interests.

The most recent analyst rating on (AU:JLG) stock is a Buy with a A$5.03 price target. To see the full list of analyst forecasts on Johns Lyng Group Ltd stock, see the AU:JLG Stock Forecast page.

More about Johns Lyng Group Ltd

Average Trading Volume: 2,013,300

Technical Sentiment Signal: Sell

Current Market Cap: A$719.1M

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, 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
1