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Humble Group AB ( (SE:HUMBLE) ) just unveiled an announcement.
Humble Group AB has appointed Noel Abdayem as acting CEO following the departure of Simon Petrén. The company is entering a new phase emphasizing efficiency and profitability, and the board is initiating a search for a new CEO. Abdayem, who has extensive experience with the company, aims to leverage the group’s potential for further growth. Petrén, who played a significant role in the company’s expansion, will remain as an advisor for a transitional period.
The most recent analyst rating on (SE:HUMBLE) stock is a Hold with a SEK9.00 price target. To see the full list of analyst forecasts on Humble Group AB stock, see the SE:HUMBLE Stock Forecast page.
More about Humble Group AB
Humble Group is a corporate group focused on enhancing value and growth in small and medium-sized companies within the fast-moving consumer goods (FMCG) sector. It operates through an entrepreneurial approach and active ownership, managing a portfolio of brands, a global distribution network, and production facilities. The company is headquartered in Stockholm and listed on Nasdaq Stockholm Mid Cap.
Average Trading Volume: 544,313
Technical Sentiment Signal: Sell
Current Market Cap: SEK3.8B
See more insights into HUMBLE stock on TipRanks’ Stock Analysis page.