Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Addtech AB Class B ( ($SE:ADDT.B) ) has provided an announcement.
Addtech Industry, a division of Addtech Group, has agreed to acquire 80% of Axion AG, a German company specializing in camera and sensor systems for vehicles. This acquisition will enhance Addtech’s Vehicle Solution business unit and is anticipated to slightly increase the company’s earnings per share, pending approval from competition authorities, with the deal expected to close in early January 2026.
The most recent analyst rating on ($SE:ADDT.B) stock is a Hold with a SEK350.00 price target. To see the full list of analyst forecasts on Addtech AB Class B stock, see the SE:ADDT.B Stock Forecast page.
More about Addtech AB Class B
Addtech is a technical solutions group that provides technological and economic value in the market for advanced technology products and solutions. The company operates in selected niches, primarily serving the manufacturing industry and infrastructure, with over 4,500 employees across more than 150 subsidiaries. Addtech is listed on Nasdaq Stockholm and reports annual sales of approximately SEK 22 billion.
Average Trading Volume: 298,159
Technical Sentiment Signal: Buy
Current Market Cap: SEK84.84B
For detailed information about ADDT.B stock, go to TipRanks’ Stock Analysis page.