Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Mekonomen AB ( (SE:MEKO) ) is now available.
MEKO AB is restructuring its Group Management Team to enhance its commercial focus by introducing a new role of Director of Purchasing and Business Development and discontinuing the Chief Operating Officer position. This change is part of MEKO’s strategy to optimize its organization following significant investments in logistics and its ambition for long-term profitable growth. Petra Bendelin, the outgoing Chief Operating Officer, will be replaced by Marcus Larsson as the Interim Director of Purchasing and Business Development, while Pehr Oscarson will temporarily assume the role of Interim Managing Director of MEKO Sweden.
The most recent analyst rating on (SE:MEKO) stock is a Buy with a SEK140.00 price target. To see the full list of analyst forecasts on Mekonomen AB stock, see the SE:MEKO Stock Forecast page.
More about Mekonomen AB
MEKO is a market leader in the automotive industry in Northern Europe, providing comprehensive services for vehicle drivers, repairers, and maintainers. With a presence in eight countries, MEKO operates 600 branches and serves 20,000 workshop customers, including 4,500 workshops under its own brands such as Mekonomen, MECA, and BilXtra.
Average Trading Volume: 75,144
Technical Sentiment Signal: Sell
Current Market Cap: SEK6.3B
See more data about MEKO stock on TipRanks’ Stock Analysis page.