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The latest announcement is out from PEXA Group Limited ( (AU:PXA) ).
PEXA Group Limited has initiated a strategic review of its Digital Solutions business to align with its capital allocation strategy, focusing on core strengths and divesting non-core investments. The company has revised its financial guidance for FY25, recognizing a non-cash impairment charge due to outdated assets and market changes, aiming to strengthen its operations for future growth.
The most recent analyst rating on (AU:PXA) stock is a Buy with a A$15.00 price target. To see the full list of analyst forecasts on PEXA Group Limited stock, see the AU:PXA Stock Forecast page.
More about PEXA Group Limited
PEXA Group Limited operates in the digital solutions industry, focusing on providing digital property exchange services. The company is known for its innovative technology solutions that facilitate property transactions, primarily in the Australian market.
Average Trading Volume: 442,584
Technical Sentiment Signal: Buy
Current Market Cap: A$2.8B
For an in-depth examination of PXA stock, go to TipRanks’ Overview page.