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Atlas Copco AB ( ($SE:ATCO.A) ) just unveiled an update.
Atlas Copco has completed the acquisition of Centro do Ar Comprimido do Recife Ltda (Centroar), a Recife-based distributor of compressors and power equipment in northeastern Brazil. Centroar, which serves customers across general industry, mining, paper, construction and infrastructure sectors, and employs 28 people, will be integrated into the service division of Atlas Copco’s Compressor Technique business area, strengthening the group’s regional service footprint and customer support capabilities in a key industrial market.
The most recent analyst rating on ($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 global industrial equipment and technology company providing compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, as well as industrial power tools, assembly and machine vision solutions. In 2024 the group generated revenues of SEK 177 billion and employed about 55,000 people worldwide, serving a broad industrial customer base through four business areas.
Average Trading Volume: 4,319,185
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK808.8B
For a thorough assessment of ATCO.A stock, go to TipRanks’ Stock Analysis page.