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PeopleIN Completes Divestment of Techforce Personnel

Story Highlights
  • PeopleIN is a leading workforce solutions company in Australia and New Zealand.
  • PeopleIN has divested its 79.3% stake in Techforce Personnel, impacting its industry positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PeopleIN Completes Divestment of Techforce Personnel

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Peoplein Limited ( (AU:PPE) ) has provided an update.

PeopleIN Limited has completed the divestment of its 79.3% stake in Techforce Personnel Pty Ltd. This strategic move may impact the company’s operations and industry positioning by allowing PeopleIN to potentially refocus resources on its core sectors, enhancing its service offerings and market presence in the workforce solutions industry.

The most recent analyst rating on (AU:PPE) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Peoplein Limited stock, see the AU:PPE Stock Forecast page.

More about Peoplein Limited

PeopleIN is the largest Australian-led workforce solutions company, serving over 4,200 businesses across Australia and New Zealand. The company leverages local expertise and market-leading technology to support client success in high-demand and defensive employment sectors such as Health & Aged Care, Community, Education, Engineering, Trades and Labour, Agriculture and Food Processing, Technology, Finance, and Defence.

Average Trading Volume: 151,128

Technical Sentiment Signal: Buy

Current Market Cap: A$94.92M

Learn more about PPE stock on TipRanks’ Stock Analysis page.

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