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The latest announcement is out from Eltel AB ( (SE:ELTEL) ).
Eltel Finland has signed a significant frame agreement with Caruna, Finland’s largest electricity distribution company, valued at approximately EUR 81 million. This agreement, which spans from March 2026 to 2030 with potential extensions, positions Eltel as a key player in maintaining and servicing large parts of Caruna’s network areas, thereby strengthening its market presence in Finland.
The most recent analyst rating on (SE:ELTEL) stock is a Hold with a SEK9.00 price target. To see the full list of analyst forecasts on Eltel AB stock, see the SE:ELTEL Stock Forecast page.
More about Eltel AB
Eltel is a leading service provider for critical infrastructure in the Nordics, offering services and turnkey solutions for communication, power networks, and renewable energy. With 4,500 employees across the Nordics, Germany, and Lithuania, Eltel plays a significant role in the digitalization and electrification of society. The company is headquartered in Sweden and is listed on Nasdaq Stockholm.
YTD Price Performance: 46.58%
Average Trading Volume: 117,489
Technical Sentiment Signal: Buy
Current Market Cap: SEK1.48B
For detailed information about ELTEL stock, go to TipRanks’ Stock Analysis page.