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Castellum AB ( (SE:CAST) ) has provided an update.
Castellum AB has announced a consent solicitation to amend the terms of its outstanding EMTN bonds. The proposed changes aim to align with its ‘Back to Basics’ strategy, focusing on core operations and maintaining an investment-grade rating. This move is expected to enhance operational efficiency and refocus its property portfolio.
The most recent analyst rating on (SE:CAST) stock is a Hold with a SEK121.00 price target. To see the full list of analyst forecasts on Castellum AB stock, see the SE:CAST Stock Forecast page.
More about Castellum AB
Castellum AB is a company focused on commercial properties, primarily in Sweden. It operates with a decentralized model close to customers, emphasizing strict cost discipline and profitability.
Average Trading Volume: 1,195,927
Technical Sentiment Signal: Sell
Current Market Cap: SEK50.97B
See more insights into CAST stock on TipRanks’ Stock Analysis page.