In a report released today, Priyanka Patel from UBS maintained a Buy rating on AAK AB (0A0J – Research Report), with a price target of SEK375.00. The company’s shares closed yesterday at SEK294.40.
According to TipRanks, Patel is ranked #7800 out of 9189 analysts.
Currently, the analyst consensus on AAK AB is a Moderate Buy with an average price target of SEK336.80.
0A0J market cap is currently SEK73.61B and has a P/E ratio of 21.18.
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AAK AB (0A0J) Company Description:
AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food ingredients, Chocolate and confectionery fats, and Technical products and feed. The chocolate and confectionery fats division also includes a cosmetic unit. Its product portfolio contains rapeseed and rapeseed oil, palm oil, palm kernel oil, olive oil, soya bean oil, sunflower oil, shea kernels, corn oil, and coconut oil. The Nordics and Western Europe are the main market, while other regions (USA, CEE, CIS, Asia, Latin America) generate more than half of the firm’s revenue.
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