TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Iveco Group NV ( (IT:IVG) ) just unveiled an update.
Tata Motors is set to acquire Iveco Group, creating a global leader in the commercial vehicle sector. This strategic move, supported by Iveco’s board and major shareholder Exor N.V., aims to leverage complementary capabilities and expand market reach, with a focus on innovative and sustainable mobility solutions. The acquisition, valued at approximately EUR 3.8 billion, is contingent upon the separation of Iveco’s defense business and is expected to complete in the first half of 2026. This merger promises significant value creation and growth opportunities for stakeholders, enhancing the combined entity’s global footprint and operational leverage.
The most recent analyst rating on (IT:IVG) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on Iveco Group NV stock, see the IT:IVG Stock Forecast page.
More about Iveco Group NV
Iveco Group N.V. is a European leader in commercial vehicles and mobility, focusing on creating a global presence in the commercial vehicle sector. The company is known for its extensive product portfolio and industrial capabilities, aiming to become a global champion in the industry.
Average Trading Volume: 2,665,692
Technical Sentiment Signal: Buy
Current Market Cap: €6.27B
Learn more about IVG stock on TipRanks’ Stock Analysis page.