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The latest announcement is out from Austal ( (AU:ASB) ).
State Street Corporation and its subsidiaries have become substantial holders in Austal Limited, a company involved in shipbuilding and defense contracting. This development indicates a significant investment and interest in Austal’s operations, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:ASB) stock is a Hold with a A$2.55 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.
More about Austal
Average Trading Volume: 1,812,407
Technical Sentiment Signal: Buy
Current Market Cap: A$2.61B
Find detailed analytics on ASB stock on TipRanks’ Stock Analysis page.