Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
ITAB Shop Concept AB ( (SE:ITAB) ) has issued an announcement.
ITAB Shop Concept AB has secured a significant agreement with a leading European grocery chain to deliver self-checkout units across stores in 19 countries. The project, valued at up to 27 million euros, will utilize ITAB’s OnRed technology platform, enhancing store efficiency and consumer experience with a seamless checkout process. The rollout is set to begin in December 2025 and conclude by the end of 2027, further strengthening ITAB’s market position and ongoing collaboration with the grocery chain.
The most recent analyst rating on (SE:ITAB) stock is a Hold with a SEK19.00 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 creating efficient retail solutions to enhance consumer experiences. Their offerings include consultative design services, custom-made interiors, self-service and checkout solutions, smart gates, professional lighting systems, and interactive digital solutions for physical stores. With annual sales of approximately SEK 13 billion and around 5,400 employees, ITAB is listed on Nasdaq Stockholm.
Average Trading Volume: 221,570
Technical Sentiment Signal: Hold
Current Market Cap: SEK4.26B
For a thorough assessment of ITAB stock, go to TipRanks’ Stock Analysis page.