Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from Atlas Copco AB ( ($SE:ATCO.A) ).
Atlas Copco AB has entered into a new credit rating agreement with Moody’s Investor Services, replacing Standard & Poor’s as one of its rating agencies alongside Fitch. This agreement ensures that Atlas Copco’s capital market issuance will continue to be rated by two agencies, with Moody’s assigning a long-term issuer default rating of A1 with a stable outlook, while Fitch maintains an A+ rating with a stable outlook. This move is significant for the company’s financial stability and creditworthiness, impacting its ability to secure loans and manage debt effectively.
The most recent analyst rating on ($SE:ATCO.A) stock is a Buy with a SEK162.00 price target. To see the full list of analyst forecasts on Atlas Copco AB stock, see the SE:ATCO.A Stock Forecast page.
More about Atlas Copco AB
Atlas Copco Group is a technology-driven company that focuses on innovation to develop products, services, and solutions essential for customer success. The company operates in four business areas: compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, and industrial power tools and assembly and machine vision solutions. In 2024, Atlas Copco Group reported revenues of BSEK 177 and employed approximately 55,000 people.
Average Trading Volume: 4,514,162
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK786.7B
Find detailed analytics on ATCO.A stock on TipRanks’ Stock Analysis page.