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The latest update is out from PIERER Mobility AG ( (CH:PKTM) ).
PIERER Mobility AG has entered into security agreements with Bajaj Auto International Holdings B.V. to secure a EUR 450 million loan for KTM AG’s restructuring plan. These agreements involve a guarantee and share pledge, ensuring Bajaj’s claims are secured, highlighting the strategic financial maneuvers to support KTM AG’s operational restructuring.
The most recent analyst rating on (CH:PKTM) stock is a Hold with a CHF28.00 price target. To see the full list of analyst forecasts on PIERER Mobility AG stock, see the CH:PKTM Stock Forecast page.
More about PIERER Mobility AG
PIERER Mobility AG operates in the automotive industry, primarily focusing on the production and distribution of motorcycles and related products. The company is known for its association with KTM AG, a prominent motorcycle manufacturer, and has a significant market presence through its partnerships and shareholder structure.
Average Trading Volume: 14,743
Current Market Cap: CHF671.2M
Find detailed analytics on PKTM stock on TipRanks’ Stock Analysis page.