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The latest announcement is out from Wisetech Global ( (AU:WTC) ).
WiseTech Global has completed the acquisition of E2open Parent Holdings, a U.S.-based provider of cloud-based trade and supply chain SaaS solutions, for $2.1 billion. This strategic acquisition expands WiseTech’s market reach into global and domestic trade, enhancing its product offerings and positioning it as a comprehensive operating system for global trade and logistics. The integration aims to improve efficiency and digitization across the supply chain, benefiting stakeholders such as logistics providers, shippers, and consumers.
The most recent analyst rating on (AU:WTC) stock is a Buy with a A$120.00 price target. To see the full list of analyst forecasts on Wisetech Global stock, see the AU:WTC Stock Forecast page.
More about Wisetech Global
WiseTech Global is a leading developer and provider of software solutions for the logistics execution industry worldwide. The company serves over 16,500 logistics companies across 195 countries, including major global third-party logistics providers and freight forwarders. WiseTech is known for its innovative software solutions that enhance productivity, functionality, and integration in supply chains.
YTD Price Performance: -3.78%
Average Trading Volume: 579,349
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$38.7B
Learn more about WTC stock on TipRanks’ Stock Analysis page.