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Codan Limited
CDA.AU
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Codan Limited Updates Director’s Interest in Securities

Codan Limited (AU:CDA) has updated its director's interest notice, specifically for Alfonzo Ianniello, by issuing additional performance rights under the Codan Share Rights Plan. This change aims to align management incentives with shareholder interests, potentially enhancing governance and stakeholder confidence. The latest analyst rating for AU:CDA is a Hold with a price target of A$37.00. Codan operates in the technology sector, focusing on electronic solutions, including communications and metal detection products, with a current market cap of A$6.52B.

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How Codan’s Strong FY25 Results and Kägwerks Acquisition Could Impact ASX:CDA Investors

Codan Limited reported strong FY25 results with a 22% revenue growth, boosted by the acquisition of Kägwerks, enhancing its U.S. defense market presence. The Communications division saw a 26% revenue rise, while Minelab benefited from higher gold prices. Despite operational progress, risks remain regarding U.S. government procurement cycles affecting revenue stability. Codan's future projections suggest a fair value of A$28.41, indicating a potential downside from current prices. Investors should consider varying fair value estimates and the impact of government spending patterns on future performance.

Simplywall·
Simplywall·

Canaccord Genuity Reaffirms Their Buy Rating on Codan Limited (CODAF)

Bell covers the Basic Materials sector, focusing on stocks such as Perenti Global, SciDev Ltd, and XRF Scientific Limited. According to TipRanks, Bell has an average return of 15.9% and a 53.77% success rate on recommended stocks. Codan Limited has an analyst consensus of Moderate Buy, with a price target consensus of $19.30.

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Codan Limited (CODAF) was downgraded to a Hold Rating at UBS

According to TipRanks, Karatzas is ranked #2984 out of 10041 analysts. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Codan Limited with a $18.06 average price target.

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Tip Ranks·

Codan Limited Announces Director’s Interest Change

Codan Limited has announced a change in director’s interest, with Kathryn Joy Gramp acquiring 1,004 NED Rights under the Codan Share Rights Plan. This change reflects the company's governance and compensation strategies, potentially impacting stakeholder perceptions. The latest analyst rating for Codan Limited (AU:CDA) is a Hold with a price target of A$29.60. Codan operates in the technology sector, focusing on electronic products and solutions, with a current market cap of A$5.62B.

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