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Synsam AB ( (SE:SYNSAM) ) has issued an announcement.
Synsam AB has announced updates to its financial targets and initiatives aimed at sustaining profitable growth, as presented during its Capital Markets Day. The company plans to expand its Synsam Lifestyle subscription service and increase the number of stores, while also enhancing its technological offerings with Synsam EyeView to address the shortage of opticians. Synsam aims for an annual organic growth rate of 8-12% and an EBIT margin of 12-15%, reflecting its commitment to maintaining a strong market position and delivering value to stakeholders.
The most recent analyst rating on (SE:SYNSAM) stock is a Buy with a SEK63.00 price target. To see the full list of analyst forecasts on Synsam AB stock, see the SE:SYNSAM Stock Forecast page.
More about Synsam AB
Synsam AB operates in the optical retail sector, primarily offering optical products and services with a strong focus on the Nordic market. The company is known for its innovative Synsam Lifestyle subscription service and its extensive network of stores, which are strategically established to ensure quick profitability and meet customer needs.
Average Trading Volume: 232,671
Technical Sentiment Signal: Buy
Current Market Cap: SEK8.95B
Find detailed analytics on SYNSAM stock on TipRanks’ Stock Analysis page.