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Bapcor Ltd ( (AU:BAP) ) has issued an update.
Yarra Capital Management Limited and its associated entities have become substantial holders in Bapcor Limited, acquiring a 5.27% voting power through the purchase of ordinary fully paid shares. This acquisition, involving a significant investment of $38,947,446 for 10,848,317 shares, indicates a strategic interest in Bapcor, potentially influencing its market operations and stakeholder dynamics.
The most recent analyst rating on (AU:BAP) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Bapcor Ltd stock, see the AU:BAP Stock Forecast page.
More about Bapcor Ltd
YTD Price Performance: -30.63%
Average Trading Volume: 1,719,813
Technical Sentiment Signal: Sell
Current Market Cap: A$1.08B
Learn more about BAP stock on TipRanks’ Stock Analysis page.