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The latest update is out from Plenti Group Ltd. ( (AU:PLT) ).
Plenti Group Limited has been appointed by the Western Australian Government as the administrator and financier for the state’s Residential Battery Scheme. This initiative aims to accelerate battery adoption, offering rebates and no-interest loans to eligible households. Plenti’s role in this scheme reinforces its leadership in household electrification financing and aligns with its strategy to partner with large organizations for market-leading consumer financing solutions. The scheme is expected to significantly impact energy cost reduction and carbon footprint for participants, with Plenti leveraging its technology platform to ensure efficient access to rebates and financing.
The most recent analyst rating on (AU:PLT) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Plenti Group Ltd. stock, see the AU:PLT Stock Forecast page.
More about Plenti Group Ltd.
Plenti is a fintech lender that offers automotive, renewable energy, and personal loans using smart technology. Established in 2014, the company has consistently grown its loan originations through diversified products and channels, supported by strong credit performance and innovation.
Average Trading Volume: 94,494
Technical Sentiment Signal: Buy
Current Market Cap: A$155.3M
See more data about PLT stock on TipRanks’ Stock Analysis page.