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Hanza AB ( (SE:HANZA) ) has provided an update.
Färna Invest AB, the principal owner of HANZA, has increased its stake in the company by purchasing 500,000 shares, bringing its total ownership to 10,494,627 shares, which represents 22.83% of HANZA. This move by the principal owner could strengthen its influence over HANZA’s strategic decisions, potentially impacting the company’s operations and market positioning.
The most recent analyst rating on (SE:HANZA) stock is a Hold with a SEK141.00 price target. To see the full list of analyst forecasts on Hanza AB stock, see the SE:HANZA Stock Forecast page.
More about Hanza AB
HANZA is a contract manufacturing company that operates through regional manufacturing clusters, offering a range of manufacturing technologies including mechanics, electronics, cable harnesses, and final assembly. The company aims to reduce complexity and costs while improving quality and delivery reliability. HANZA employs approximately 3,500 people, generates annual revenues of around SEK 6.5 billion, and is listed on Nasdaq Stockholm, operating in eight countries.
Average Trading Volume: 152,539
Technical Sentiment Signal: Buy
Current Market Cap: SEK5.88B
For a thorough assessment of HANZA stock, go to TipRanks’ Stock Analysis page.