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An update from Embracer Group AB ( ($SE:EMBRAC.B) ) is now available.
Embracer Group AB has announced the formation of a new Board of Directors for Coffee Stain Group AB as part of its strategy to separate and list CSG as a standalone entity on Nasdaq First North Premier Growth Market in Stockholm by the end of 2025. This move includes the departure of Anton Westbergh from Embracer’s executive management, who will continue as CEO of CSG. The restructuring aims to enhance CSG’s governance and operational independence, potentially impacting Embracer’s market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on ($SE:EMBRAC.B) stock is a Hold with a SEK88.00 price target. To see the full list of analyst forecasts on Embracer Group AB stock, see the SE:EMBRAC.B Stock Forecast page.
More about Embracer Group AB
Embracer Group is a global conglomerate involved in PC, console, and mobile gaming, as well as related media. With a vast catalog of over 450 franchises, the company operates through several groups including THQ Nordic, PLAION, and Coffee Stain, among others. Embracer Group is headquartered in Karlstad, Sweden, and employs over 7,000 people across nearly 30 countries. Its shares are listed on Nasdaq Stockholm.
YTD Price Performance: -14.04%
Average Trading Volume: 833,348
Technical Sentiment Signal: Sell
Current Market Cap: SEK19.03B
For an in-depth examination of EMBRAC.B stock, go to TipRanks’ Overview page.