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PIERER Mobility AG ( (CH:PKTM) ) has issued an update.
Bajaj Auto International Holdings B.V. has taken full control of PIERER Mobility AG by exercising a call option to acquire all shares from Pierer Industrie AG. This strategic move positions Bajaj as the controlling majority shareholder with approximately 74.9% ownership, potentially influencing PIERER Mobility’s future operations and market strategy.
The most recent analyst rating on (CH:PKTM) stock is a Hold with a CHF28.00 price target. To see the full list of analyst forecasts on PIERER Mobility AG stock, see the CH:PKTM Stock Forecast page.
More about PIERER Mobility AG
PIERER Mobility AG operates in the mobility industry, focusing on manufacturing and distributing motorcycles and related mobility solutions. The company is known for its innovative approach in the two-wheeler segment, catering to a global market with a strong emphasis on technological advancement and sustainability.
Average Trading Volume: 5,427
Technical Sentiment Signal: Strong Sell
Current Market Cap: CHF448.8M
See more data about PKTM stock on TipRanks’ Stock Analysis page.