Latest news with #SKFAB


Business Insider
22-07-2025
- Business
- Business Insider
Barclays Remains a Hold on SKF AB (0NWX)
Barclays analyst Timothy Lee, CFA maintained a Hold rating on SKF AB on July 20 and set a price target of SEK230.00. The company's shares closed last Friday at SEK235.50. 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, Lee, CFA is a 2-star analyst with an average return of 1.2% and a 46.91% success rate. Lee, CFA covers the Industrials sector, focusing on stocks such as Jungheinrich, KION GROUP AG, and SKF AB. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SKF AB with a SEK231.00 average price target. Based on SKF AB's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of SEK23.97 billion and a net profit of SEK1.8 billion. In comparison, last year the company earned a revenue of SEK24.7 billion and had a net profit of SEK1.89 billion


Business Insider
20-07-2025
- Business
- Business Insider
Kepler Capital Sticks to Their Buy Rating for SKF AB (0NWX)
Kepler Capital analyst Johan Sjoberg maintained a Buy rating on SKF AB on July 18 and set a price target of SEK250.00. The company's shares closed last Friday at SEK235.50. 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. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SKF AB with a SEK225.86 average price target.


Business Insider
19-06-2025
- Business
- Business Insider
Barclays Reaffirms Their Hold Rating on SKF AB (0NWX)
In a report released yesterday, Timothy Lee, CFA from Barclays maintained a Hold rating on SKF AB (0NWX – Research Report), with a price target of SEK194.00. The company's shares closed last Tuesday at SEK209.90. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Lee, CFA is a 2-star analyst with an average return of 0.5% and a 44.74% success rate. Lee, CFA covers the Industrials sector, focusing on stocks such as Jungheinrich, KION GROUP AG, and SKF AB. Currently, the analyst consensus on SKF AB is a Moderate Buy with an average price target of SEK220.00.


Bloomberg
29-04-2025
- Business
- Bloomberg
Swedish Industrial Giants Hike Prices to Limit Tariff Fallout
Swedish industrial firms Atlas Copco AB and Alfa Laval AB both said they plan to increase prices in response to US tariffs and warned about macro uncertainty hurting demand, joining peers SKF AB and Sandvik AB. Industrial compressor maker Atlas Copco is working to limit the impact by implementing tariff surcharges, increasing local sourcing and reassessing supply routes, Chief Executive Officer Vagner Rego said on a call with analysts. Alfa Laval, which manufactures valves and pumps, has also implemented price increases accordingly, Chief Financial Officer Fredrik Ekstrom said on the earnings call.


Business Insider
27-04-2025
- Business
- Business Insider
SKF AB (0NWX) Receives a Buy from Kepler Capital
In a report released on April 25, Johan Sjoberg from Kepler Capital maintained a Buy rating on SKF AB (0NWX – Research Report), with a price target of SEK220.00. The company's shares closed last Friday at SEK184.70. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. According to TipRanks, Sjoberg is an analyst with an average return of -4.6% and a 28.79% success rate. In addition to Kepler Capital , SKF AB also received a Buy from Redburn Atlantic's James Moore in a report issued on April 15. However, on April 24, Barclays downgraded SKF AB (LSE: 0NWX) to a Hold. The company has a one-year high of SEK241.70 and a one-year low of SEK157.90. Currently, SKF AB has an average volume of 800.8K.