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Retail Food Group ( (AU:RFG) ) has issued an update.
Retail Food Group has appointed experienced corporate advisor and public company director Mark Lindh as a non-executive director, adding deep capital markets and governance expertise to its board. Lindh, who leads AE Advisors and chairs or sits on the boards of several ASX-listed companies across food, technology, energy and resources, is expected to bolster RFG’s board capabilities in areas such as equity and debt markets, capital raising, mergers and acquisitions and investor relations, strengthening the company’s strategic oversight as it pursues growth in its multi-brand food franchising operations.
The most recent analyst rating on (AU:RFG) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Retail Food Group stock, see the AU:RFG Stock Forecast page.
More about Retail Food Group
Retail Food Group is a Queensland-headquartered global food and beverage company and Australia’s largest multi-brand retail food franchise manager, owning brands such as Gloria Jean’s, Donut King, Brumby’s Bakery, Crust Gourmet Pizza and Beefy’s Pies. It also holds the exclusive licence to expand Firehouse Subs restaurants in Australia, operates a Sunshine Coast bakery for pie distribution and a Sydney coffee roastery, with a core focus on franchised retail outlets and branded food products.
Average Trading Volume: 61,653
Technical Sentiment Signal: Sell
Current Market Cap: A$93.38M
See more data about RFG stock on TipRanks’ Stock Analysis page.