Danske Bank has released an updated analysis with a raised target price of SEK 650, which is the highest target price of all seven analysts in Bloomberg's database. The previous target price was SEK 630. The buy recommendation is reiterated.
According to the bank's analysts, this year's decline from the year's highest price represents an attractive entry level for the share.
"There is still some uncertainty surrounding tariffs, but this has now definitely decreased, while the company has good growth prospects and a better mix," the bank writes in its analysis.
| Mips | |
| Last paid | 454 |
| Price change today | 5 |
| Highest today | 455 |
| Lowest today | 432.20 |
| Price change YTD | - |
| Price change 1 week | 1 |
| Price change 1 month | 2 |
| Price change 3 months | 6 |
| Price change 1 year | 3 |
| 52-week high | 612.50 |
| 52-week low | 319.60 |
| Source: Factset |
