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Gentrack Group Ltd ( (AU:GTK) ) has issued an update.
UBS Group AG and its related bodies corporate have disclosed a substantial holding in Gentrack Group Ltd, a company involved in providing software solutions for utilities and airports. UBS has acquired a 5.71% stake in Gentrack, with the holdings spread across its Australia and London branches. This acquisition indicates UBS’s strategic interest in Gentrack, potentially impacting the company’s market position and shareholder dynamics.
The most recent analyst rating on (AU:GTK) stock is a Buy with a A$10.00 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: 271,323
Technical Sentiment Signal: Sell
Current Market Cap: A$865.7M
Find detailed analytics on GTK stock on TipRanks’ Stock Analysis page.