tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

HMS Networks Achieves SBTi Validation for Climate Targets

Story Highlights
HMS Networks Achieves SBTi Validation for Climate Targets

TipRanks Cyber Monday Sale

The latest update is out from HMS Networks AB ( (SE:HMS) ).

HMS Networks AB has achieved a significant milestone by receiving validation from the Science Based Targets initiative (SBTi) for its climate targets, marking a crucial step in its sustainability journey. The validation underscores HMS’s commitment to reducing emissions in line with the Paris Agreement, with ambitious near-term and long-term goals to significantly cut greenhouse gas emissions across its operations and supply chain by 2030 and 2050, respectively. This move is part of HMS’s broader 2030 Strategy, which aims to integrate sustainability into all aspects of its business operations, thereby enhancing its industry positioning and meeting the growing demands of customers, partners, and investors for climate responsibility.

The most recent analyst rating on (SE:HMS) stock is a Hold with a SEK531.00 price target. To see the full list of analyst forecasts on HMS Networks AB stock, see the SE:HMS Stock Forecast page.

More about HMS Networks AB

HMS Networks AB is a leading provider in the industrial information and communication technology sector, employing over 1,100 people. The company develops and manufactures products under various brands such as Anybus®, Ixxat®, Ewon®, Intesis®, N-Tron®, and Red Lion®. With a global presence through branch offices in over 20 countries and a network of distributors and partners, HMS Networks reported sales of SEK 3,059 million in 2024 and is listed on the NASDAQ OMX in Stockholm in the Large Cap segment under the Telecommunications sector.

Average Trading Volume: 42,066

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK23.59B

For an in-depth examination of HMS stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1