Lifco AB Stock Price Sees 20% Increase in Past Year

Lifco AB, a multinational company based in Sweden, has experienced a 20% increase in its stock price over the past year.

Downgrade Recommendation from Handelsbanken

Handelsbanken has downgraded its recommendation for Lifco AB from “köp” (buy) to “behåll” (hold) due to the stock being considered fully valued.

Expected Quarterly Profit

Analysts expect Lifco AB to report a quarterly profit of approximately 2.59 SEK per share, representing a significant increase from the previous year’s 1.98 SEK.

Diversified Business Performance

The company’s diversified business, including dental equipment, demolition robots, and contract manufacturing, has contributed to its strong performance.

Market Outlook

Despite the positive outlook for Lifco AB, the stock market has been experiencing a decline, with the OMXS30 index falling 0.5% on Monday.

Key Statistics

• Lifco AB stock price increase: 20% in the past year
• Handelsbanken recommendation: downgraded from “köp” to “behåll”
• Expected quarterly profit: approximately 2.59 SEK per share
• Previous year’s quarterly profit: 1.98 SEK per share