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An update from Symal Group Limited ( (AU:SYL) ) is now available.
Symal Group Limited has secured a $300 million revolving corporate debt and bank guarantee facility to support its growth strategy. This financial move aims to enhance Symal’s liquidity, simplify financial terms, and provide flexibility for inorganic growth, thereby optimizing the company’s cost of capital and strengthening its market position.
The most recent analyst rating on (AU:SYL) stock is a Buy with a A$3.75 price target. To see the full list of analyst forecasts on Symal Group Limited stock, see the AU:SYL Stock Forecast page.
More about Symal Group Limited
Symal Group is a diversified services provider focused on resilient end markets, delivering contracting and specialised technical services across Australia’s most critical industries. Through an integrated model, Symal provides end-to-end solutions spanning infrastructure, power and renewables, utilities, data centres, defence, building and facilities. Founded in 2001, Symal is headquartered in Melbourne, Australia and is listed on the Australian Securities Exchange (ASX: SYL).
Average Trading Volume: 316,485
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$743.7M
Find detailed analytics on SYL stock on TipRanks’ Stock Analysis page.