Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Johns Lyng Group Ltd ( (AU:JLG) ) has shared an announcement.
UBS Group AG has become a substantial holder in Johns Lyng Group Ltd, acquiring a 5.28% voting power through various branches and asset management entities. This acquisition involves control over nearly 15 million ordinary shares, indicating a strategic investment in the company, which could influence its market positioning and stakeholder interests.
The most recent analyst rating on (AU:JLG) stock is a Buy with a A$5.03 price target. To see the full list of analyst forecasts on Johns Lyng Group Ltd stock, see the AU:JLG Stock Forecast page.
More about Johns Lyng Group Ltd
Average Trading Volume: 2,167,915
Technical Sentiment Signal: Hold
Current Market Cap: A$1.11B
See more data about JLG stock on TipRanks’ Stock Analysis page.