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The latest update is out from Lifco Ab ( ($SE:LIFCO.B) ).
Lifco AB has acquired a majority stake in HEGUtechnik GmbH, a German niche contract manufacturer specializing in electronic components for automation in harsh industrial environments. This acquisition, which will be consolidated into Lifco’s Business Area Systems Solutions, is not expected to significantly impact Lifco’s financials this year but strengthens its position in the contract manufacturing sector.
The most recent analyst rating on ($SE:LIFCO.B) stock is a Hold with a SEK390.00 price target. To see the full list of analyst forecasts on Lifco Ab stock, see the SE:LIFCO.B Stock Forecast page.
More about Lifco Ab
Lifco is a company that acquires and develops market-leading niche businesses with a focus on long-term growth, profitability, and a decentralized organization. It operates in three business areas: Dental, Demolition & Tools, and Systems Solutions. By the end of 2024, Lifco comprised 257 operating companies across 34 countries, with significant earnings and a strong EBITA margin.
YTD Price Performance: 15.61%
Average Trading Volume: 284,255
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK167.2B
Find detailed analytics on LIFCO.B stock on TipRanks’ Stock Analysis page.