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ITAB Shop Concept AB ( (SE:ITAB) ) has shared an update.
ITAB Shop Concept AB has announced a significant project in collaboration with its Australian partner to deliver loss prevention solutions to a major grocery chain in Australia. The project, initially covering 500 stores with plans to expand to over 900, is valued at approximately MEUR 12 for the initial phase, with additional annual fees for ongoing services. This initiative underscores ITAB’s strategic focus on the Australian market and its commitment to enhancing store efficiency and consumer experience through innovative solutions.
The most recent analyst rating on (SE:ITAB) stock is a Buy with a SEK23.00 price target. To see the full list of analyst forecasts on ITAB Shop Concept AB stock, see the SE:ITAB Stock Forecast page.
More about ITAB Shop Concept AB
ITAB Shop Concept AB is a company that specializes in transforming brand experiences into physical realities through its expertise, solutions, and partnerships. The company offers a comprehensive range of services including consultative design, custom-made interiors, self-service and checkout solutions, smart gates, traditional checkouts, professional lighting systems, and interactive digital solutions for physical stores. ITAB Group has annual sales of approximately SEK 13 billion and employs around 5,400 people. It is listed on Nasdaq Stockholm.
YTD Price Performance: -4.07%
Average Trading Volume: 237,583
Technical Sentiment Signal: Buy
Current Market Cap: SEK5.12B
For a thorough assessment of ITAB stock, go to TipRanks’ Stock Analysis page.