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Essity AB ( ($SE:ESSITY.B) ) just unveiled an update.
Essity has closed a legal dispute in the English courts after funds that had challenged the company over bond loans maturing in 2029, 2030 and 2031 chose to discontinue their lawsuit. The parties reached an agreement confirming that neither side has claims against the other arising from Essity’s sale of its shares in Vinda, and Essity emphasizes that it has not paid or otherwise compensated the funds and continues to view the action as unfounded, removing a potential legal overhang for bond investors and shareholders.
The most recent analyst rating on ($SE:ESSITY.B) stock is a Hold with a SEK290.00 price target. To see the full list of analyst forecasts on Essity AB stock, see the SE:ESSITY.B Stock Forecast page.
More about Essity AB
Essity AB is a global hygiene and health company headquartered in Stockholm, Sweden, whose products, solutions and services are used by about a billion people daily. Operating in roughly 150 countries, Essity markets leading brands such as TENA, Tork, Actimove, JOBST, Libero, Libresse, Tempo and others, generating net sales of about SEK 146 billion (EUR 13 billion) in 2024 and employing around 36,000 people. The company is listed on Nasdaq Stockholm and focuses on breaking barriers to well-being for consumers, patients, caregivers and customers worldwide.
Average Trading Volume: 1,275,012
Technical Sentiment Signal: Buy
Current Market Cap: SEK179.7B
For detailed information about ESSITY.B stock, go to TipRanks’ Stock Analysis page.