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Embracer Group AB ( ($SE:EMBRAC.B) ) just unveiled an update.
Embracer Group AB has announced the proposed distribution of shares in Coffee Stain Group AB to its shareholders, with plans to list Coffee Stain’s class B shares on Nasdaq First North Premier Growth Market in Stockholm by the end of 2025. This strategic move is expected to enhance Coffee Stain’s market presence and provide shareholders with direct investment opportunities in the successful game development company known for titles like Goat Simulator and Deep Rock Galactic.
The most recent analyst rating on ($SE:EMBRAC.B) stock is a Hold with a SEK100.00 price target. To see the full list of analyst forecasts on Embracer Group AB stock, see the SE:EMBRAC.B Stock Forecast page.
More about Embracer Group AB
Embracer Group is a global conglomerate involved in the development and publishing of PC, console, and mobile games, along with other media-related ventures. With a vast portfolio of over 450 franchises, the company operates through several groups including THQ Nordic, PLAION, Coffee Stain, and more, employing over 7,000 people across nearly 30 countries. Embracer Group is headquartered in Karlstad, Sweden, and its shares are listed on Nasdaq Stockholm.
YTD Price Performance: 7.96%
Average Trading Volume: 815,322
Technical Sentiment Signal: Buy
Current Market Cap: SEK24.29B
For detailed information about EMBRAC.B stock, go to TipRanks’ Stock Analysis page.