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PIERER Mobility AG ( (CH:PKTM) ) has shared an announcement.
Bajaj Mobility AG, the newly renamed holding company of the KTM Group, underpins a portfolio of European premium motorcycle brands including KTM, Husqvarna and GASGAS, and offers both combustion-engine bikes and electric-drive vehicles alongside high-end components. The company has formally completed its rebranding from PIERER Mobility AG to Bajaj Mobility AG and relocated its registered office from Wels to Mattighofen, Austria, with the new name and address now entered in the commercial register; the move also ushers in a new corporate logo and updated trading ticker, signalling a fresh phase in the group’s corporate structure and market identity that stakeholders will see reflected in its future stock exchange listings and investor communications.
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
Bajaj Mobility AG, formerly PIERER Mobility AG, is the holding company of the KTM Group, one of Europe’s leading premium motorcycle manufacturers. Through brands such as KTM, Husqvarna and GASGAS, the group focuses on high-performance motorcycles with combustion engines, high-end WP components and vehicles with innovative electric drives, targeting the European and broader international powersports markets.
Average Trading Volume: 7,456
Technical Sentiment Signal: Sell
Current Market Cap: CHF572.5M
See more insights into PKTM stock on TipRanks’ Stock Analysis page.