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The latest announcement is out from Atlas Copco AB ( ($SE:ATCO.A) ).
Atlas Copco Group has expanded its presence in the US by acquiring the compressor business of RM Boggs Inc., an Iowa-based distributor serving the general and agricultural industries. This acquisition, which includes the integration of RM Boggs’ three employees into Atlas Copco’s Compressor Technique Business Area, aims to enhance market presence and strengthen direct customer relations in the region.
The most recent analyst rating on ($SE:ATCO.A) stock is a Buy with a SEK175.00 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 innovative technology solutions that transform the future. The company specializes in compressed air and vacuum solutions, energy solutions, dewatering and industrial pumps, industrial power tools, and assembly and machine vision solutions. In 2024, Atlas Copco reported revenues of BSEK 177 and employed approximately 55,000 people.
Average Trading Volume: 4,235,620
Technical Sentiment Signal: Buy
Current Market Cap: SEK803.1B
For detailed information about ATCO.A stock, go to TipRanks’ Stock Analysis page.