Latest news with #FortnoxAB
Business Insider
2 days ago
- Business
- Business Insider
Kepler Capital Keeps Their Hold Rating on Fortnox AB (FNOX)
In a report released on June 4, Erik Sandstedt from Kepler Capital maintained a Hold rating on Fortnox AB (FNOX – Research Report), with a price target of SEK89.75. The company's shares closed yesterday at SEK86.60. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Sandstedt is a 2-star analyst with an average return of 0.3% and a 42.42% success rate. Sandstedt covers the Technology sector, focusing on stocks such as Vitec Software Group AB Class B, Fortnox AB, and Lime Technologies AB. Fortnox AB has an analyst consensus of Hold, with a price target consensus of SEK86.58. The company has a one-year high of SEK89.00 and a one-year low of SEK54.16. Currently, Fortnox AB has an average volume of 3.05M.
Business Insider
26-04-2025
- Business
- Business Insider
Kepler Capital Sticks to Their Hold Rating for Fortnox AB (FNOX)
In a report released on April 24, Erik Sandstedt from Kepler Capital maintained a Hold rating on Fortnox AB (FNOX – Research Report), with a price target of SEK90.00. The company's shares closed yesterday at SEK86.50. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. According to TipRanks, Sandstedt is a 3-star analyst with an average return of 1.7% and a 44.00% success rate. The word on The Street in general, suggests a Hold analyst consensus rating for Fortnox AB with a SEK86.58 average price target, a 0.09% upside from current levels. In a report released on April 15, Morgan Stanley also upgraded the stock to a Hold with a SEK89.75 price target.
Bloomberg
31-03-2025
- Business
- Bloomberg
EQT Consortium Offers to Purchase Fortnox for $4.5 Billion
A consortium including a fund managed by EQT AB has offered to buy Swedish financial services firm Fortnox AB in a deal valued at 44.5 billion kronor ($4.5 billion). The offer price for Fortnox, which provides companies with cloud-based products such as payroll and accounting services, equates to 90 kronor per share in cash, representing a 38% premium compared to the group's closing price on March 28, according to a statement on Monday.
