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Exor ( (NL:EXO) ) just unveiled an announcement.
Exor and Piero Ferrari, along with the Piero Ferrari Trust, have renewed their shareholders’ agreement governing their holdings in Ferrari N.V., underscoring their continued alignment and long-term commitment to the luxury car manufacturer. The revised pact, which will take effect when the current agreement expires, runs for three years until 4 January 2029 and will automatically extend for another three years unless terminated, establishing consultative mechanisms for coordinating voting at Ferrari shareholder meetings and reciprocal rights of first offer on any prospective share sales to third parties, thereby reinforcing stability in Ferrari’s ownership and governance structure.
The most recent analyst rating on (NL:EXO) stock is a Buy with a EUR117.00 price target. To see the full list of analyst forecasts on Exor stock, see the NL:EXO Stock Forecast page.
More about Exor
Exor N.V. is a Netherlands-based investment company controlled by the Agnelli family that focuses on building and managing a portfolio of major industrial and consumer businesses. Listed on Euronext Amsterdam, Exor is the largest shareholder in several global companies, including luxury sports car maker Ferrari, agricultural and construction equipment group CNH, automotive manufacturer Stellantis, and health technology company Philips.
Average Trading Volume: 237,882
Technical Sentiment Signal: Sell
Current Market Cap: €23.15B
Find detailed analytics on EXO stock on TipRanks’ Stock Analysis page.