Jefferies raises Thule’s target price to 340 SEK (285) and reaffirms its maintenance.

Jefferies raises Thule’s target price to 340 SEK (285) and reaffirms its maintenance.
Jefferies raises Thule’s target price to 340 SEK (285) and reaffirms its maintenance.

Thule Group AB is a Sweden-based company engaged in the development and manufacturing of sports, outdoor and transportation products. Its offering is divided into two sectors of activity: Outdoor&Bags and Specialty. The Outdoor&Bags segment includes three product categories: sports and carry bags, electronics bags and other outdoor bags, as well as several product groups, including bicycle and car carriers, bags for water and winter, camera bags, laptop bags, RV products, roof racks, and sports and travel bags, among others. The specialty segment includes two product categories: work equipment and snow chains, as well as product groups such as van tool boxes and professional and consumer snow chains. The company’s brands include Thule, Case Logic, Konig, UWS, TracRac and SportRac. Its products are sold to retailers, distributors and wholesalers and are available in more than 130 countries. The company is a subsidiary of the Thule group.

Belgium

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