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UBS Group AG Acquires Substantial Holding in Gentrack Group Ltd

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UBS Group AG Acquires Substantial Holding in Gentrack Group Ltd

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Gentrack Group Ltd ( (AU:GTK) ) has shared an update.

UBS Group AG has disclosed a substantial holding in Gentrack Group Ltd, a company involved in the financial markets. UBS Group AG and its related bodies corporate now hold 5.39% of the ordinary shares in Gentrack Group Ltd, marking a significant investment in the company. This move could potentially influence Gentrack’s market dynamics and stakeholder interests, given UBS’s substantial shareholding and its rights to exercise borrowing and control over the disposal of shares.

The most recent analyst rating on (AU:GTK) stock is a Buy with a A$11.80 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: 228,178

Technical Sentiment Signal: Hold

Current Market Cap: A$968.6M

For detailed information about GTK stock, go to TipRanks’ Stock Analysis page.

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