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The latest update is out from Safilo Group SpA ( (IT:SFL) ).
Safilo Group S.p.A. announced the subscription of ordinary shares following the exercise of options under its 2020-2022 Stock Option Plan. This transaction, involving a significant volume of shares, reflects the company’s ongoing efforts to enhance capital structure and aligns with its strategic growth initiatives.
The most recent analyst rating on (IT:SFL) stock is a Buy with a EUR1.62 price target. To see the full list of analyst forecasts on Safilo Group SpA stock, see the IT:SFL Stock Forecast page.
More about Safilo Group SpA
Safilo Group S.p.A. operates in the eyewear industry, specializing in the design, production, and distribution of optical frames, sunglasses, and sports eyewear. The company focuses on licensed brands and global product offerings, catering to a diverse market.
Average Trading Volume: 1,467,531
Technical Sentiment Signal: Buy
Current Market Cap: €612.2M
For detailed information about SFL stock, go to TipRanks’ Stock Analysis page.