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Juventus Football Club Spa ( (IT:JUVE) ) has shared an announcement.
Juventus Football Club S.p.A. has secured front jersey sponsorship agreements with Stellantis Europe S.p.A. and Visit Detroit, effective until June 30, 2028. The Jeep brand, under Stellantis Europe, will be the main sponsor for all major competitions, with a fixed fee of €69 million and additional variable components. The Visit Detroit agreement, covering national competitions, involves a lower fixed fee but includes potential bonuses. These deals align with Juventus’ strategic financial plans and are expected to generate long-term value for the company and its stakeholders.
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. is a prominent football club known for its participation in national and international sports competitions, including UEFA and FIFA events. The club is involved in the sports industry, focusing on football as its primary service, and has a significant market presence in Europe and globally.
Average Trading Volume: 1,906,583
Technical Sentiment Signal: Hold
Current Market Cap: €1.06B
Find detailed analytics on JUVE stock on TipRanks’ Stock Analysis page.