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The latest announcement is out from Atlas Copco AB ( ($SE:ATCO.A) ).
Atlas Copco Group has expanded its operations by acquiring Itsab AB, a Swedish distributor of compressors and power equipment. This acquisition, which integrates 21 Itsab employees into Atlas Copco’s service divisions, strengthens Atlas Copco’s presence in the mining, construction, and general industry sectors in northern Sweden.
The most recent analyst rating on ($SE:ATCO.A) stock is a Buy with a SEK167.00 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 global leader in providing technology that transforms industries, focusing on compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools, and assembly and machine vision solutions. In 2024, the company reported revenues of BSEK 177 and employed approximately 55,000 people worldwide.
Average Trading Volume: 4,931,422
Technical Sentiment Signal: Hold
Current Market Cap: SEK681.8B
For a thorough assessment of ATCO.A stock, go to TipRanks’ Stock Analysis page.