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The latest announcement is out from Iveco Group NV ( (IT:IVG) ).
DLL and Iveco Group have formed a joint venture named GATE to accelerate the transition to low and zero-emission commercial vehicles in Europe. With DLL acquiring a majority stake, the JV aims to expand sustainable mobility solutions across Europe, leveraging financial support and expertise to enhance its growth strategy and broaden its market reach.
The most recent analyst rating on (IT:IVG) stock is a Hold with a EUR20.00 price target. To see the full list of analyst forecasts on Iveco Group NV stock, see the IT:IVG Stock Forecast page.
More about Iveco Group NV
Iveco Group N.V. is a prominent player in the automotive sector, focusing on commercial vehicles, buses, defense, powertrain, and related financial services. It operates through various brands, including IVECO, FPT Industrial, and IVECO BUS, among others, and employs 36,000 people worldwide. DLL is a global asset finance company specializing in equipment and technology financing across multiple sectors, committed to sustainability and a subsidiary of Rabobank Group.
Average Trading Volume: 2,733,150
Technical Sentiment Signal: Buy
Current Market Cap: €6.33B
Learn more about IVG stock on TipRanks’ Stock Analysis page.