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Moody’s Upgrades Castellum’s Credit Rating to Baa2

Story Highlights
  • Castellum is a leading Nordic commercial property firm with a focus on sustainability.
  • Moody’s upgrade to Baa2 boosts Castellum’s market reputation and financing access.
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Moody’s Upgrades Castellum’s Credit Rating to Baa2

Elevate Your Investing Strategy:

Castellum AB ( (SE:CAST) ) just unveiled an update.

Moody’s has upgraded Castellum Aktiebolag’s long-term credit rating to Baa2 with a stable outlook, reflecting the company’s financial stability and robust business model. This upgrade is expected to enhance Castellum’s reputation in capital markets and improve its access to cost-efficient financing, reinforcing its industry positioning.

The most recent analyst rating on (SE:CAST) stock is a Hold with a SEK130.00 price target. To see the full list of analyst forecasts on Castellum AB stock, see the SE:CAST Stock Forecast page.

More about Castellum AB

Castellum is one of the Nordic region’s largest commercial property companies, focusing on office and logistics properties in Nordic growth cities. The company is listed on Nasdaq Stockholm Large Cap and is recognized for its sustainability efforts, being the only Nordic property company included in the Dow Jones Sustainability Indices.

Average Trading Volume: 1,995,142

Current Market Cap: SEK54.18B

For a thorough assessment of CAST stock, go to TipRanks’ Stock Analysis page.

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