Scentre Group Announces Director’s Interest Changes

An announcement from Scentre Group ( (AU:SCG) ) is now available.

Scentre Group announced a change in the director’s interest notice involving Elliott Rusanow. The changes include the transfer of Scentre Group securities to his family trust and the issuance of performance rights under the company’s Performance Rights Plan. These actions reflect internal adjustments in the management of securities and compensation, potentially impacting the company’s governance and shareholder relations.

The most recent analyst rating on (AU:SCG) stock is a Hold with a A$3.74 price target. To see the full list of analyst forecasts on Scentre Group stock, see the AU:SCG Stock Forecast page.

More about Scentre Group

Scentre Group is a prominent player in the retail real estate industry, primarily focusing on owning and operating shopping centers in Australia and New Zealand. The company is known for its extensive portfolio of Westfield branded shopping centers, catering to a wide range of retail and consumer needs.

Average Trading Volume: 11,108,513

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$19.09B

For a thorough assessment of SCG stock, go to TipRanks’ Stock Analysis page.