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Gentrack Group Ltd ( (AU:GTK) ) just unveiled an announcement.
UBS Group AG and its related bodies corporate have disclosed a substantial holding in Gentrack Group Limited, a company involved in the technology sector. UBS holds 5.05% of the ordinary shares, with the majority of shares held through the UBS AG Australia Branch and UBS AG London Branch, indicating a significant investment position. This substantial holding announcement may impact Gentrack’s market perception and investor relations, as UBS’s involvement could signal confidence in the company’s future prospects.
The most recent analyst rating on (AU:GTK) stock is a Buy with a A$12.80 price target. To see the full list of analyst forecasts on Gentrack Group Ltd stock, see the AU:GTK Stock Forecast page.
More about Gentrack Group Ltd
Average Trading Volume: 178,458
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.15B
For a thorough assessment of GTK stock, go to TipRanks’ Stock Analysis page.