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.
Mobimo Holding AG ( (CH:MOBN) ) has provided an update.
Mobimo Holding AG has signed an agreement to acquire EMWE Holding AG and its subsidiary, EMWE Immobilien AG, which own several residential properties in Zurich and surrounding areas. This acquisition, expected to be completed by the end of August 2025, will expand Mobimo’s residential portfolio and is anticipated to enhance rental income and portfolio sustainability. The transaction will be financed through a combination of Mobimo shares and cash, with new shares created from the existing capital band. Despite a slight impact on equity ratios, the acquisition is expected to increase earnings per share and maintain Mobimo’s solid financial standing.
The most recent analyst rating on (CH:MOBN) stock is a Hold with a CHF302.00 price target. To see the full list of analyst forecasts on Mobimo Holding AG stock, see the CH:MOBN Stock Forecast page.
More about Mobimo Holding AG
Mobimo Holding AG is a leading Swiss real estate company with a diversified portfolio valued at approximately CHF 3.9 billion. The company focuses on residential and commercial properties, as well as development projects in prime locations across German-speaking and Western Switzerland. Mobimo is known for its balanced use and careful management of buildings, and it also offers development services to create investment opportunities for third parties.
Average Trading Volume: 9,482
Current Market Cap: CHF2.34B
For an in-depth examination of MOBN stock, go to TipRanks’ Overview page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money