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Lagercrantz Group AB Class B ( ($SE:LAGR.B) ) just unveiled an update.
Lagercrantz Group AB has acquired 85% of I Holland Limited, a UK-based leader in tablet compression tools for the pharmaceutical industry, enhancing its TecSec division with a globally recognized business. The acquisition is expected to contribute positively to Lagercrantz’s earnings per share, with I Holland’s management team retaining a 15% stake and continuing to lead the company under Lagercrantz’s ownership.
The most recent analyst rating on ($SE:LAGR.B) stock is a Hold with a SEK221.00 price target. To see the full list of analyst forecasts on Lagercrantz Group AB Class B stock, see the SE:LAGR.B Stock Forecast page.
More about Lagercrantz Group AB Class B
Lagercrantz Group is a technology conglomerate that provides value-creating technology solutions through proprietary and leading supplier products. The Group comprises around 85 companies, each targeting specific niche markets, and is known for its high degree of customer adaptation and service. Operating in nine countries across Northern Europe, the USA, China, and India, Lagercrantz employs approximately 3,400 people and generates annual revenues of about SEK 10 billion. The company has been listed on Nasdaq Stockholm since 2001.
Average Trading Volume: 341,946
Technical Sentiment Signal: Buy
Current Market Cap: SEK42.68B
For a thorough assessment of LAGR.B stock, go to TipRanks’ Stock Analysis page.