Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Indel B S.p.A. ( (IT:INDB) ) is now available.
Indel B S.p.A. has announced the purchase of 1,062 of its own shares as part of a share buyback program approved by its shareholders and board. The transaction, carried out on Euronext Milan, reflects the company’s strategic move to manage its equity structure, potentially enhancing shareholder value and market perception.
The most recent analyst rating on (IT:INDB) stock is a Hold with a EUR20.00 price target. To see the full list of analyst forecasts on Indel B S.p.A. stock, see the IT:INDB Stock Forecast page.
More about Indel B S.p.A.
Indel B S.p.A. is a company listed on the EXM segment of Borsa Italiana, controlled by AMP.FIN S.r.l., and owned by the Berloni family. The company leads a global group active for 50 years in the mobile refrigeration sector, serving the automotive, leisure, and hospitality industries. Indel B also operates in mobile air conditioning, focusing on commercial vehicles and specialized machinery, and in cooling appliances, including wine and milk preservation units. The company has a market cap of approximately Euro 116 million.
YTD Price Performance: -8.33%
Average Trading Volume: 2,575
Technical Sentiment Signal: Hold
Current Market Cap: €114.8M
See more data about INDB stock on TipRanks’ Stock Analysis page.