logo
Kepler Capital Remains a Hold on Trelleborg AB (0NL3)

Kepler Capital Remains a Hold on Trelleborg AB (0NL3)

Business Insider20 hours ago
In a report released on July 18, Johan Sjoberg from Kepler Capital maintained a Hold rating on Trelleborg AB, with a price target of SEK375.00. The company's shares closed last Friday at SEK362.25.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, Sjoberg is a 3-star analyst with an average return of 5.0% and a 60.26% success rate. Sjoberg covers the Industrials sector, focusing on stocks such as Assa Abloy, Atlas Copco AB, and SKF AB.
Trelleborg AB has an analyst consensus of Hold, with a price target consensus of SEK378.75, representing a 4.56% upside. In a report released on July 7, Citi also maintained a Hold rating on the stock with a SEK367.00 price target.
0NL3 market cap is currently SEK79.15B and has a P/E ratio of 23.16.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0NL3 in relation to earlier this year.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Sable on track to restart Santa Ynez operations, says Jefferies
Sable on track to restart Santa Ynez operations, says Jefferies

Business Insider

time2 hours ago

  • Business Insider

Sable on track to restart Santa Ynez operations, says Jefferies

Jefferies analyst Lloyd Byrne attributes the recent share rally in Sable Offshore (SOC) to Superior Court of California Judge Donna Geck's ruling that allows the company to proceed with restarting pipelines 324 and 325 and commence first oil sales in August, once the terms to lift the injunction are met. Sable is on track to have the injunction lifted and to restart Santa Ynez Unit operations, the analyst tells investors in a research note. The firm points that the petitioners have indicated they will seek a delay in lifting the injunction. Jefferies keeps a Buy rating on Sable Offshore with a $38 price target Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

‘Only the Beginning,' Says Investor About AMD Stock
‘Only the Beginning,' Says Investor About AMD Stock

Business Insider

time2 hours ago

  • Business Insider

‘Only the Beginning,' Says Investor About AMD Stock

Advanced Micro Devices (NASDAQ:AMD) stock offered little cause for celebration in the latter half of 2024 and into 2025. Despite generating strong revenue amid the ongoing AI boom, the chipmaker's share price tumbled, leaving investors out in the cold. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. That narrative, however, has shifted sharply in recent months. AMD's share price has skyrocketed 83% over the past three months, driven by renewed market optimism, a standout Q1 2025 earnings report, continued AI infrastructure investments by hyperscalers, and a landmark contract in Saudi Arabia. In fact, one investor, known by the pseudonym Cash Flow Venue (CFV), believes that AMD's 'rally has just begun,' citing product traction and international tailwinds as signs of more upside ahead. As supporting evidence, the investor points to the growing adoption of AMD's MI series GPUs by major tech players. With the Instinct MI350 already shipping and the MI400 expected to debut in 2026, AMD's data center strategy appears to be gaining real momentum. 'AMD doesn't slow down its pace, and while it still lags behind Nvidia, it doesn't have to overthrow it to secure a strong #2 position in the market, still securing high demand, growing and profitable sales, as well as customer relationships ensuring future growth prospects,' the investor added. CFV is also buoyed by some recent regulatory developments, as the Trump administration has indicated its willingness to allow the export of advanced AI chips to China. This could reopen the door for AMD's advanced AI chips, specifically the MI308, to be exported to China. Keep on Buying AMD Stock Taken together, these developments give the investor confidence that AMD's rally still has legs, even with the stock trading at a heightened EV-to-EBITDA multiple of 36.8x. 'Given robust financials, product innovation, and renewed China access, I am raising my AMD rating to Strong Buy for continued upside potential,' exclaims CFV. (To watch Cash Flow Venue's track record, click here) Wall Street, meanwhile, shows a mixed stance. AMD holds a Moderate Buy consensus rating based on 25 Buys and 10 Holds. However, the average 12-month price target of $144.45 suggests the stock may be overvalued by ~8% at current levels. (See AMD stock forecast) To find good ideas for AI stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.

On Semi price target raised to $70 from $60 at BofA
On Semi price target raised to $70 from $60 at BofA

Business Insider

time3 hours ago

  • Business Insider

On Semi price target raised to $70 from $60 at BofA

BofA raised the firm's price target on On Semi (ON) to $70 from $60 and keeps a Buy rating on the shares as part of a Q2 preview for the analog semiconductor group. The firm says industrial and auto data points are mixed but improving in the near-term. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store