Citigroup Reduces Stake in Cettire Ltd.

Tip Ranks
2025.06.20 02:02
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Citigroup Global Markets Australia Pty Limited has reduced its voting power in Cettire Ltd. from 7.5865% to 5.6940% due to a decrease in relevant interests through securities lending agreements. This reduction may impact Cettire’s shareholder dynamics and influence its market positioning. The latest analyst rating for Cettire Ltd. (AU:CTT) is a Sell with a price target of A$1.30. Cettire operates in the luxury fashion retail industry, focusing on high-end products through its online platform.

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Cettire Ltd. ( (AU:CTT) ) has shared an announcement.

Citigroup Global Markets Australia Pty Limited has reduced its voting power in Cettire Ltd. from 7.5865% to 5.6940%. This change is due to a decrease in relevant interests in Cettire’s shares, primarily through securities lending agreements. The reduction in Citigroup’s stake may impact Cettire’s shareholder dynamics and influence within the company, potentially affecting its market positioning and strategic decisions.

The most recent analyst rating on (AU:CTT) stock is a Sell with a A$1.30 price target. To see the full list of analyst forecasts on Cettire Ltd. stock, see the AU:CTT Stock Forecast page.

More about Cettire Ltd.

Cettire Ltd. operates in the fashion retail industry, specializing in luxury fashion products. The company focuses on providing a wide range of high-end clothing, accessories, and footwear through its online platform, catering to a global market of fashion enthusiasts and consumers seeking premium brands.

Average Trading Volume: 7,138,839

Technical Sentiment Signal: Sell

Current Market Cap: A$108.7M

For an in-depth examination of CTT stock, go to TipRanks’ Overview page.

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