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An announcement from Ridley Corporation Limited ( (AU:RIC) ) is now available.
Ridley Corporation Limited has announced a change in the director’s interest, with Melanie Susan Laing acquiring additional ordinary shares through Laing Simon Pty Ltd. The acquisition was facilitated by an election to receive shares in lieu of director’s fees and participation in the Ridley Corporation Retail Entitlement Offer, reflecting a strategic move to increase her stake in the company.
The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.
More about Ridley Corporation Limited
Ridley Corporation Limited operates in the agribusiness sector, focusing on the production of animal nutrition solutions. The company provides a wide range of feed products and services aimed at enhancing the productivity and health of livestock across various markets.
Average Trading Volume: 497,259
Technical Sentiment Signal: Buy
Current Market Cap: A$1B
For detailed information about RIC stock, go to TipRanks’ Stock Analysis page.