Why the Spark Infrastructure (ASX:SKI) share price hit a new 52-week high
The new bid values the company at $5.2 billion.
Marc is a Master of Journalism and Communications student at UNSW and journalist at The Motley Fool. He has a passion for journalism and news with a keen interest in business, the media, politics, foreign affairs, and how they intersect in everyday life.
You can view Marc s holdings here.
Latest posts by Marc Sidarous (see all)
|
The
Spark Infrastructure Group (ASX: SKI) share price is up to a new 52-week high after accepting a third takeover bid from a consortium of investors for $2.95 per share.
Why Eagers Automotive, Life360, Spark, & Virgin Money UK are pushing higher
fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
ASX 200 drops, Spark jumps, Nickel Mines sinks on Wednesday 28 July 2021
fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
By Mark Woodruff
Guide:
The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS.
For the purpose of broker rating correlation, Outperform and Overweight ratings are grouped as Buy, Neutral is grouped with Hold and Underperform and Underweight are grouped as Sell to provide a Buy/Hold/Sell (B/H/S) ratio.
Ratings, consensus target price and forecast earnings tables are published at the bottom of this report.
Summary
Total Upgrades: 11
Net Ratings Breakdown: Buy 53.92%; Hold 38.91%; Sell 7.17%
For the week ending Friday 23 July, there were eleven upgrades and eleven downgrades to ASX-listed companies by brokers in the FNArena database.