TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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
Vestum AB ( (SE:VESTUM) ) has issued an update.
Vestum AB has acquired Dynamic Fluid Solutions Limited (DFS), a leading UK supplier of pumps and pipework systems for the water and wastewater industry, as part of its Flow Technology segment. This acquisition positions Vestum to capitalize on upcoming water infrastructure investments in the UK, including the AMP8 investment plan and the Sizewell C nuclear power station, enhancing its market presence and geographical expansion.
The most recent analyst rating on (SE:VESTUM) stock is a Hold with a SEK9.50 price target. To see the full list of analyst forecasts on Vestum AB stock, see the SE:VESTUM Stock Forecast page.
More about Vestum AB
Vestum is an industrial group providing services and products to the infrastructure sector, with a strong presence in Scandinavia and the United Kingdom. The company employs around 1,500 specialists with extensive industry experience and holds strong positions in regional markets. Vestum’s shares are traded on Nasdaq Stockholm under the ticker VESTUM.
YTD Price Performance: -25.18%
Average Trading Volume: 273,807
Technical Sentiment Signal: Sell
Current Market Cap: SEK3.15B
For detailed information about VESTUM stock, go to TipRanks’ Stock Analysis page.