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Cicor Technologies ( (CH:CICN) ) just unveiled an announcement.
Cicor Technologies has announced the acquisition of two production sites from Valtronic, marking its entry into the US market and expanding its capacity in Morocco. This strategic move enhances Cicor’s medtech business and positions it as a leading provider of electronic solutions in North America, while also doubling its production capabilities in Morocco to meet increased demand without significant additional investments.
The most recent analyst rating on (CH:CICN) stock is a Buy with a CHF210.00 price target. To see the full list of analyst forecasts on Cicor Technologies stock, see the CH:CICN Stock Forecast page.
More about Cicor Technologies
The Cicor Group is a globally active provider of electronic total solutions, offering services from research and development to production and supply chain management. With approximately 4,400 employees across 13 countries, Cicor caters to leading companies in the fields of medicine, industry, aerospace, and defense. The company combines customer-specific development solutions with high-tech components and the manufacturing of electronic devices, adding value for its clients. Cicor Technologies Ltd. is publicly traded on the SIX Swiss Exchange.
Average Trading Volume: 12,760
Current Market Cap: CHF907.9M
For detailed information about CICN stock, go to TipRanks’ Stock Analysis page.