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The Star Entertainment Group Announces Board Reshuffle

Story Highlights
  • The Star Entertainment Group operates in the entertainment and hospitality industry.
  • The company announced board changes, including a new Chairman and appointments from Bally’s Corporation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
The Star Entertainment Group Announces Board Reshuffle

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Star Entertainment Group Limited ( (AU:SGR) ) just unveiled an update.

The Star Entertainment Group Limited has announced significant changes to its board, including the appointment of Soo Kim and George Papanier as board members representing Bally’s Corporation. Anne Ward and Deborah Page have resigned from their positions, with Bruce Mathieson Jnr elected as the new Chairman. These changes are part of a strategic move to reshape the company’s future, as stated by CEO Steve McCann.

The most recent analyst rating on (AU:SGR) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.

More about Star Entertainment Group Limited

The Star Entertainment Group Limited operates in the entertainment and hospitality industry, providing casino, hotel, and resort services. The company focuses on delivering premium leisure experiences and operates in the Australian market.

YTD Price Performance: -44.74%

Average Trading Volume: 9,470,790

Technical Sentiment Signal: Sell

Current Market Cap: A$696.5M

Learn more about SGR stock on TipRanks’ Stock Analysis page.

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