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.
Mekonomen AB ( (SE:MEKO) ) just unveiled an announcement.
MEKO AB has successfully obtained approval from bondholders for amendments and waivers concerning its outstanding senior unsecured floating rate bonds. This approval allows MEKO to execute decisions from its AGM regarding dividends and supports its strategic focus on increasing sales and improving margins to strengthen its long-term market position.
The most recent analyst rating on (SE:MEKO) stock is a Hold with a SEK88.00 price target. To see the full list of analyst forecasts on Mekonomen AB stock, see the SE:MEKO Stock Forecast page.
More about Mekonomen AB
MEKO AB is a leading automotive service company in Northern Europe, aiming to be the most comprehensive partner for vehicle drivers, repairers, and maintainers. With a presence in eight countries, MEKO operates 600 branches and serves 20,000 workshop customers, including 4,500 workshops under its own brands such as Mekonomen, MECA, and BilXtra.
Average Trading Volume: 219,798
Technical Sentiment Signal: Sell
Current Market Cap: SEK4.08B
For detailed information about MEKO stock, go to TipRanks’ Stock Analysis page.