Jefferies analyst Adela Dashian has maintained their neutral stance on 10H stock, giving a Hold rating on February 21.
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Adela Dashian’s rating is based on a combination of factors, including the insights gained from attending Scandic’s Capital Markets Day in Stockholm. During this event, the company outlined its strategic plans and financial projections, which influenced the decision to adjust the earnings per share estimates for 2025 and 2026 upwards by 3% and 5%, respectively.
Despite these positive adjustments and the subsequent increase in the price target to SEK 80, the potential for further stock appreciation appears limited. Consequently, the Hold rating is maintained, reflecting a balanced view of the stock’s current valuation and future growth prospects.
In another report released on February 21, Deutsche Bank also maintained a Hold rating on the stock with a SEK75.00 price target.