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An update from Servcorp Limited ( (AU:SRV) ) is now available.
Servcorp Limited has announced the issuance of 40,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code SRV. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market positioning and providing additional resources for operational growth.
The most recent analyst rating on (AU:SRV) stock is a Buy with a A$7.20 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 fully equipped office spaces, virtual offices, and IT services to businesses globally. The company focuses on offering flexible workspace solutions to cater to the needs of modern businesses.
Average Trading Volume: 73,524
Technical Sentiment Signal: Buy
Current Market Cap: A$693.3M
For a thorough assessment of SRV stock, go to TipRanks’ Stock Analysis page.