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Servcorp Limited ( (AU:SRV) ) has issued an update.
Servcorp Limited announced a change in the director’s interest, specifically for Director Alfred George Moufarrige, who acquired an additional 25,000 ordinary shares through an off-market trade. This change, valued at $175,000, increases his indirect holdings to 52,156,142 ordinary shares, potentially signaling confidence in the company’s future prospects.
The most recent analyst rating on (AU:SRV) stock is a Buy with a A$8.00 price target. To see the full list of analyst forecasts on Servcorp Limited stock, see the AU:SRV Stock Forecast page.
More about Servcorp Limited
Servcorp Limited operates in the serviced office industry, providing flexible workspace solutions, virtual offices, and IT services to businesses globally. The company focuses on offering premium office spaces and related services to a diverse clientele, including small businesses and large corporations.
Average Trading Volume: 98,842
Technical Sentiment Signal: Buy
Current Market Cap: A$707M
For a thorough assessment of SRV stock, go to TipRanks’ Stock Analysis page.