Commonwealth Bank of Australia Director Increases Shareholding
Commonwealth Bank of Australia announced Director Katherine Neisha Howitt acquired 50 shares through the Non-Executive Director Share Plan, increasing her stake in the company. This move may indicate confidence in the bank's future performance. The latest analyst rating for AU:CBA stock is a Sell with a A$143.20 price target.
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The latest announcement is out from Commonwealth Bank of Australia ( (AU:CBA) ).
The Commonwealth Bank of Australia announced a change in the director’s interest notice, highlighting that Director Katherine Neisha Howitt acquired 50 fully paid ordinary shares through participation in the Non-Executive Director Share Plan. This acquisition reflects the director’s increased stake in the company, potentially signaling confidence in the bank’s future performance and aligning with shareholder interests.
The most recent analyst rating on (AU:CBA) stock is a Sell with a A$143.20 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.
More about Commonwealth Bank of Australia
Commonwealth Bank of Australia is a major player in the banking and financial services industry, offering a wide range of products including retail, business, and institutional banking services. The company focuses on providing comprehensive financial solutions to its clients across various market segments.
Average Trading Volume: 1,930,608
Technical Sentiment Signal: Buy
Current Market Cap: A$263B
