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Ridley Corporation Limited ( (AU:RIC) ) has issued an announcement.
Schroder Investment Management Australia Ltd has increased its voting power in Ridley Corporation Limited from 6.70% to 8.52% through various transactions involving the buying and selling of ordinary shares. This change in substantial holding reflects Schroder’s strategic positioning and influence within Ridley Corporation, potentially impacting the company’s governance and decision-making processes.
The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 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
YTD Price Performance: 2.25%
Average Trading Volume: 435,960
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$846.4M
See more insights into RIC stock on TipRanks’ Stock Analysis page.