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GARO AB ( (SE:GARO) ) has issued an update.
GARO AB has appointed Tobias Byfeldt as its new President and CEO. Byfeldt, with a strong background in engineering and leadership roles in international companies, is expected to drive GARO’s growth and enhance its position in the electrification transition. His appointment is seen as a strategic move to build a winning corporate culture and achieve profitable growth.
The most recent analyst rating on (SE:GARO) stock is a Hold with a SEK16.00 price target. To see the full list of analyst forecasts on GARO AB stock, see the SE:GARO Stock Forecast page.
More about GARO AB
GARO AB is a company that develops, manufactures, and markets innovative products and systems for the electrical installations market under its own brand. Their offerings include solutions in electrical distribution products, E-mobility, project business, and temporary power, with a focus on electrical safety, user-friendliness, and sustainability. Founded in 1939, GARO operates internationally and is listed on Nasdaq Stockholm.
Average Trading Volume: 22,653
Technical Sentiment Signal: Strong Sell
Current Market Cap: SEK767M
For an in-depth examination of GARO stock, go to TipRanks’ Overview page.