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The latest announcement is out from Atlas Copco AB ( ($SE:ATCO.A) ).
Atlas Copco Group has acquired SUTO iTEC, a company specializing in compressed air and gas measurement solutions, enhancing its service division within the Compressor Technique Business Area. This acquisition is expected to optimize air quality and improve energy efficiencies for Atlas Copco’s customers, strengthening its position in industries like manufacturing, food and beverage, automotive, pharma, and electronics.
The most recent analyst rating on ($SE:ATCO.A) stock is a Hold with a SEK170.00 price target. To see the full list of analyst forecasts on Atlas Copco AB stock, see the SE:ATCO.A Stock Forecast page.
More about Atlas Copco AB
Atlas Copco Group is a global leader in providing technology that transforms the future, offering solutions in compressed air and vacuum, energy, dewatering, industrial pumps, power tools, assembly, and machine vision. With a presence in multiple sectors, the company had revenues of BSEK 177 in 2024 and employs around 55,000 people worldwide.
Average Trading Volume: 4,111,538
Technical Sentiment Signal: Hold
Current Market Cap: SEK732.2B
Learn more about ATCO.A stock on TipRanks’ Stock Analysis page.