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Schibsted ASA ( (GB:0MHM) ) has shared an announcement.
Vend Marketplaces ASA has received an upgrade in its issuer rating from Scope Ratings UK Limited, reflecting a sustainable improvement in its financial risk profile due to an ongoing divestment and reorganization program. The upgrade, which includes an improved senior unsecured debt rating, is attributed to the company’s strategic divestment of its news media operations and partial sale of Adevinta shares, with further plans to sell ancillary businesses by 2026, signaling a positive outlook for its financial stability and market positioning.
The most recent analyst rating on (GB:0MHM) stock is a Buy with a NOK364.00 price target. To see the full list of analyst forecasts on Schibsted ASA stock, see the GB:0MHM Stock Forecast page.
More about Schibsted ASA
Vend Marketplaces ASA is a leading Nordic company specializing in digital marketplaces across sectors such as Mobility, Real Estate, Jobs, and Recommerce. The company aims to create sustainable value and long-term growth for stakeholders and society, with a strategic focus on providing innovative digital experiences.
Average Trading Volume: 194,346
Current Market Cap: NOK79.14B
See more insights into 0MHM stock on TipRanks’ Stock Analysis page.