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PIERER Mobility AG ( (CH:PKTM) ) has issued an update.
PIERER Mobility AG has successfully completed the restructuring of its subsidiaries KTM AG, KTM Components GmbH, and KTM Research & Development GmbH, as confirmed by the Regional Court of Ried im Innkreis. This marks a significant step forward for the company, allowing it to focus on ramping up production and realigning its operations, which is expected to positively impact its market positioning and stakeholder confidence.
The most recent analyst rating on (CH:PKTM) stock is a Hold with a CHF28.00 price target. To see the full list of analyst forecasts on PIERER Mobility AG stock, see the CH:PKTM Stock Forecast page.
More about PIERER Mobility AG
PIERER Mobility AG operates in the automotive industry, focusing on the production and development of motorcycles and related components. The company is known for its KTM brand, which includes KTM AG, KTM Components GmbH, and KTM Research & Development GmbH, emphasizing innovation and market leadership in motorcycle manufacturing.
Average Trading Volume: 14,917
Current Market Cap: CHF473.2M
For an in-depth examination of PKTM stock, go to TipRanks’ Overview page.