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
CIE Automotive ( (ES:CIE) ) just unveiled an update.
The National Securities Market Commission has authorized CIE Automotive’s voluntary partial public offer to acquire up to 9.68% of its share capital, amounting to 11,591,517 shares. The offer, priced at 24 euros per share, will be paid in cash and is in accordance with current regulations, although it is not considered a fair price under specific legal articles.
The most recent analyst rating on (ES:CIE) stock is a Buy with a EUR30.00 price target. To see the full list of analyst forecasts on CIE Automotive stock, see the ES:CIE Stock Forecast page.
More about CIE Automotive
Average Trading Volume: 82,573
Technical Sentiment Signal: Buy
Current Market Cap: €2.87B
See more data about CIE stock on TipRanks’ Stock Analysis page.