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Gentrack Group Ltd ( (AU:GTK) ) has provided an update.
UBS Group AG and its related bodies corporate have increased their substantial holding in Gentrack Group Limited, a company listed on the NZX, from 5.61% to 8.75% of the ordinary shares. This movement, disclosed under the Financial Markets Conduct Act 2013, reflects a significant increase in UBS’s stake, indicating a strategic interest in Gentrack’s operations and potential influence over its corporate decisions.
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: 229,663
Technical Sentiment Signal: Sell
Current Market Cap: A$967.2M
Find detailed analytics on GTK stock on TipRanks’ Stock Analysis page.