TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Washington H. Soul Pattinson and Co. ( (AU:SOL) ) is now available.
Washington H. Soul Pattinson and Company Limited, recently renamed from First Services Company Ltd, announced the official quotation of its fully paid ordinary shares on the ASX. The company plans a Selective Buy-Back of shares held by Legacy Soul Patts to eliminate cross-shareholding, reducing the total number of shares to approximately 381 million. Additionally, the company will issue performance rights and shares under the Topco Equity Raising, involving commitments from institutional investors and UBS AG, Australia branch, to raise substantial capital.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
More about Washington H. Soul Pattinson and Co.
YTD Price Performance: 27.52%
Average Trading Volume: 573,797
Technical Sentiment Signal: Buy
Current Market Cap: A$15.64B
For detailed information about SOL stock, go to TipRanks’ Stock Analysis page.