PIERER Mobility AG [PMAG.SW] Stock Forecast

PIERER Mobility AG, together with its subsidiaries, operates as a motorcycle producer in Europe, North America, Mexico, and internationally. It operates through Motorcycles, E-Bicycles, and Others segments. The company develops, produces, and distributes motorized leisure equipment, including off-road and street motorcycles; mini-motorcycles; X-BOW; and brand accessories, such as spare parts, technical accessories, and clothing under the KTM, Husqvarna Motorcycles, and GASGAS brands. It also develops, produces, and sells chassis components for motorcycles and vehicles, including suspension components, frame construction and related welded-steel components, exhaust systems, and cooling systems under the WP brand. In addition, the company engages in manufacturing, developing, and trading e-bikes and bicycles under the Husqvarna E-Bicycles, GASGAS E-Bicycles, FELT Bicycles, and R RAYMON brands. Further, it provides digital strategy, mobile and web applications, and business solutions. The company was formerly known as KTM Industries AG and changed its name to PIERER Mobility AG in October 2019. PIERER Mobility AG was founded in 1953 and is based in Wels, Austria. PIERER Mobility AG is a subsidiary of PTW Holding AG.