tiprankstipranks
Trending News
More News >

Swissquote Acquires Full Stake in Yuh to Strengthen Market Position

Story Highlights
Swissquote Acquires Full Stake in Yuh to Strengthen Market Position

Don’t Miss TipRanks’ Half-Year Sale

The latest announcement is out from Swissquote Group Holding Ltd. ( (CH:SQN) ).

Swissquote has acquired the remaining 50% stake in the digital finance app Yuh from PostFinance, solidifying its position in the Swiss financial market. This acquisition allows Swissquote to integrate Yuh’s offerings into its own, enhancing its market perception and expanding its support to over one million accounts, while PostFinance refocuses on its core competencies.

The most recent analyst rating on (CH:SQN) stock is a Buy with a CHF400.00 price target. To see the full list of analyst forecasts on Swissquote Group Holding Ltd. stock, see the CH:SQN Stock Forecast page.

More about Swissquote Group Holding Ltd.

Swissquote Group Holding Ltd. operates in the financial services industry, offering a range of digital banking and trading services. It focuses on providing innovative financial solutions and has a strong market presence in Switzerland.

Average Trading Volume: 37,601

Current Market Cap: CHF6.55B

For a thorough assessment of SQN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1