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An announcement from Aquis Exchange Plc ( (GB:AQX) ) is now available.
SIX has completed its acquisition of Aquis Exchange, enhancing its position as a leading pan-European exchange with a 15% market share and access to 16 capital markets. This acquisition aims to strengthen SIX’s European trading capabilities, offering new growth opportunities and a seamless trading experience across multiple venues. Aquis will continue to operate under its brand and management, contributing its innovative technology to SIX’s operations, thus shaping the future of the European exchange landscape.
The most recent analyst rating on (GB:AQX) stock is a Buy with a £960.00 price target. To see the full list of analyst forecasts on Aquis Exchange Plc stock, see the GB:AQX Stock Forecast page.
Spark’s Take on GB:AQX Stock
According to Spark, TipRanks’ AI Analyst, GB:AQX is a Outperform.
Aquis Exchange Plc’s stock score is primarily driven by strong technical indicators and positive corporate events, such as the acquisition by SIX Exchange Group. While the company shows robust financial management and revenue growth, profitability issues and a negative P/E ratio present significant valuation concerns. The stock remains attractive due to positive market momentum and strategic corporate developments.
To see Spark’s full report on GB:AQX stock, click here.
More about Aquis Exchange Plc
Aquis is a European challenger exchange founded in 2012, headquartered in London with an EU base in Paris. It specializes in market-leading technology and innovative trading rules, offering primary listings and secondary trading of equities, along with global licensing of proprietary technology. SIX operates a fully integrated exchange value chain across Swiss and Spanish financial centers, offering a diversified product portfolio for securities trading, financial information, and payment transactions.
Average Trading Volume: 45,340
Technical Sentiment Signal: Buy
Current Market Cap: £189.3M
See more data about AQX stock on TipRanks’ Stock Analysis page.