Alfa Laval AB Stock Price Update
Alfa Laval AB, a specialized industrial company, has experienced a positive development in its stock price. Citigroup has revised its target price for the company to 450 kronor, up from 429 kronor, while maintaining a neutral rating.
Target Price Revision Details
- New target price: 450 kronor
- Previous target price: 429 kronor
- Rating: Neutral
Industry Growth Prospects
The company’s business is expected to benefit from the growth prospects of the industry, particularly in the data center cooling market. The European data center cooling market is projected to grow significantly, driven by the increasing demand for efficient cooling systems.
Market Growth Projections
- European data center cooling market growth: significant
- Growth driver: increasing demand for efficient cooling systems
Impact on Alfa Laval AB
This trend is expected to have a positive impact on the company’s business, contributing to its upward trend.