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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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
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.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.