Alfa Laval AB Stock Price Update
Alfa Laval AB, a specialized industrial company based in Lund, Sweden, has seen its stock price fluctuate in recent days. Analysts have revised their price targets, with some firms lowering their expectations.
- Pareto Securities reduced its target price for Alfa Laval to 435 kronor from 490, while maintaining a buy recommendation.
- DNB lowered its target price to 515 kronor from 565, reiterating its buy recommendation.
Short Interest and Sentiment
The company’s short interest has decreased by 35.8% in April, indicating a decrease in bearish sentiment.
Company Performance Update
Alfa Laval’s management has provided an update on the company’s performance, stating that demand for its products is expected to remain stable in the second quarter.
Recent Company Events
The company’s Annual General Meeting was held recently, where the management presented its strategy and past year’s performance.