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Juventus Football Club Spa ( (IT:JUVE) ) has provided an update.
Juventus has approved a capital increase through the issuance of up to 37,912,181 new shares aimed at institutional investors to support its strategic plan. This move is intended to strengthen the company’s capital structure, reduce debt, and enhance its market profile, with major shareholders like Exor and Tether Investments expressing support for the initiative.
The most recent analyst rating on (IT:JUVE) stock is a Hold with a EUR2.50 price target. To see the full list of analyst forecasts on Juventus Football Club Spa stock, see the IT:JUVE Stock Forecast page.
More about Juventus Football Club Spa
Juventus Football Club S.p.A. operates in the sports and entertainment industry, primarily focusing on professional football. The company is known for its football team, which competes at both national and international levels, and it aims to strengthen its brand globally while maintaining sporting competitiveness.
Average Trading Volume: 540,263
Technical Sentiment Signal: Sell
Current Market Cap: €1.02B
For detailed information about JUVE stock, go to TipRanks’ Stock Analysis page.