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Saab AB ( ($SE:SAAB.B) ) just unveiled an update.
Saab has acquired Deform, a company specializing in forming demanding materials, to strengthen supply security for the Swedish defense industry. This acquisition enhances Saab’s submarine manufacturing capabilities and ensures long-term stability for Deform’s operations, benefiting both companies and their stakeholders.
The most recent analyst rating on ($SE:SAAB.B) stock is a Sell with a SEK375.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
More about Saab AB
Saab is a leading defense and security company based in Sweden, with a global presence. It develops, manufactures, and maintains advanced systems in aeronautics, weapons, command systems, sensors, and underwater systems, employing 25,000 people to create technology and solutions for a safer and more sustainable world.
YTD Price Performance: 118.76%
Average Trading Volume: 3,085,231
Technical Sentiment Signal: Buy
Current Market Cap: SEK272.8B
For an in-depth examination of SAAB.B stock, go to TipRanks’ Overview page.