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Reject Shop Limited ( (AU:TRS) ) has issued an announcement.
Pinnacle Investment Management Group Limited has become a substantial holder in The Reject Shop Limited as of May 16, 2025, with a 7.29% voting power through its acquisition of 2,725,136 ordinary fully paid shares. This development indicates a significant investment interest in The Reject Shop, potentially impacting its market positioning and stakeholder dynamics.
The most recent analyst rating on (AU:TRS) stock is a Hold with a A$3.70 price target. To see the full list of analyst forecasts on Reject Shop Limited stock, see the AU:TRS Stock Forecast page.
More about Reject Shop Limited
The Reject Shop Limited operates in the retail industry, focusing on providing a wide range of consumer goods at affordable prices. The company is known for its discount variety stores, offering products that cater to budget-conscious shoppers.
Average Trading Volume: 182,783
Technical Sentiment Signal: Buy
Current Market Cap: A$248.1M
See more insights into TRS stock on TipRanks’ Stock Analysis page.