In a report released today, Klas Bergelind from Citi maintained a Buy rating on Sandvik AB. The company’s shares closed yesterday at SEK269.85.
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Bergelind covers the Industrials sector, focusing on stocks such as Sandvik AB, TRATON SE, and Alfa Laval AB. According to TipRanks, Bergelind has an average return of 18.9% and an 80.00% success rate on recommended stocks.
Currently, the analyst consensus on Sandvik AB is a Hold with an average price target of SEK249.33, a -7.61% downside from current levels. In a report released on September 29, Deutsche Bank also maintained a Buy rating on the stock with a SEK263.00 price target.
0HC0 market cap is currently SEK338.2B and has a P/E ratio of 23.30.
Read More on GB:0HC0:
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- Sandvik downgraded to Hold from Buy at Pareto
- Sandvik AB to Announce Q3 2025 Results with Investor Presentation
- Sandvik price target raised to SEK 263 from SEK 240 at Deutsche Bank
- Sandvik Secures Major Mining Equipment Order from Zimplats
- Sandvik price target raised to SEK 300 from SEK 275 at Barclays
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