TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Austal ( (AU:ASB) ) has shared an announcement.
State Street Corporation and its subsidiaries have ceased to be substantial holders in Austal Limited as of August 28, 2025. This change in substantial holding could impact Austal’s shareholder dynamics and influence in the market, potentially affecting its strategic decisions and stakeholder relationships.
The most recent analyst rating on (AU:ASB) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.
More about Austal
Austal Limited operates in the shipbuilding industry, focusing on the design, construction, and support of defense and commercial vessels. The company is known for its innovative ship designs and has a significant presence in the global maritime market.
YTD Price Performance: 150.65%
Average Trading Volume: 1,242,266
Technical Sentiment Signal: Buy
Current Market Cap: A$3.26B
For an in-depth examination of ASB stock, go to TipRanks’ Overview page.