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An update from CTEK AB ( (SE:CTEK) ) is now available.
CTEK AB announced ambitious financial targets for 2028, aiming to achieve SEK 2 billion in net sales and a 20% adjusted EBITA margin. The introduction of new product categories, Premium Booster and Power Solutions, is expected to significantly expand the company’s addressable market from SEK 20 billion to over SEK 75 billion, enhancing its strategic market position and growth potential.
The most recent analyst rating on (SE:CTEK) stock is a Hold with a SEK20.00 price target. To see the full list of analyst forecasts on CTEK AB stock, see the SE:CTEK Stock Forecast page.
More about CTEK AB
CTEK AB operates in the automotive industry, focusing on providing advanced battery charging solutions. The company is known for its electric vehicle chargers and accessories, aiming to expand its market presence with new product categories.
Average Trading Volume: 66,137
Current Market Cap: SEK961.5M
See more insights into CTEK stock on TipRanks’ Stock Analysis page.