05-07-2025
Morgan Stanley Keeps Their Hold Rating on Hemnet Group AB (8QV)
In a report released today, Pete-Veikko Kujala from Morgan Stanley maintained a Hold rating on Hemnet Group AB, with a price target of SEK370.00. The company's shares closed last Wednesday at €24.44.
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According to TipRanks, Kujala is ranked #1732 out of 9663 analysts.
Currently, the analyst consensus on Hemnet Group AB is a Moderate Sell with an average price target of €27.20, an 11.29% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Hold rating on the stock with a SEK285.00 price target.
Based on Hemnet Group AB's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €328.5 million and a net profit of €102.9 million. In comparison, last year the company earned a revenue of €253.4 million and had a net profit of €72.4 million
