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An update from Servcorp Limited ( (AU:SRV) ) is now available.
Servcorp Limited announced the cessation of 20,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s strategic adjustments in its securities management.
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 including virtual offices, coworking spaces, and meeting rooms. The company focuses on offering premium office spaces and related services to businesses worldwide.
Average Trading Volume: 100,901
Technical Sentiment Signal: Buy
Current Market Cap: A$739.5M
See more insights into SRV stock on TipRanks’ Stock Analysis page.