17-05-2025
Kepler Capital Remains a Buy on Sandvik AB (0HC0)
Kepler Capital analyst Johan Sjoberg maintained a Buy rating on Sandvik AB (0HC0 – Research Report) on May 15 and set a price target of SEK250.00. The company's shares closed last Thursday at SEK217.70.
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According to TipRanks, Sjoberg is a 3-star analyst with an average return of 2.1% and a 57.35% success rate.
In addition to Kepler Capital , Sandvik AB also received a Buy from Morgan Stanley's Michael Harleaux in a report issued on May 12. However, on May 13, UBS maintained a Sell rating on Sandvik AB (LSE: 0HC0).
Based on Sandvik AB's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of SEK29.3 billion and a net profit of SEK3.74 billion. In comparison, last year the company earned a revenue of SEK29 billion and had a net profit of SEK1.25 billion
