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Alfa Laval: stock up 2% after UBS raises target price

(CercleFinance.com) - Shares in Swedish engineering group Alfa Laval are the top gainers of the OMXS30 index in Stockholm, up more than 2% after UBS raised its price target to 245 Swedish kronor from 223 Swedish kronor.

The stock is currently up 2.2% at 248.9 Swedish kronor, having risen by 3.3% year-to-date, compared to a 1.4% rise in the OMX Stockholm index.

UBS has reiterated its "neutral" rating on the share.

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