Saab AB Stock Price Sees Moderate Increase
Saab AB’s stock price has experienced a moderate increase in recent times. This development is attributed to revised earnings forecasts from UBS analysts.
Earnings Forecasts Revised Upwards
UBS has raised its profit forecast for Saab AB as follows:
- 2025: 3% increase
- 2026-2030: 4-5% increase
The bank has also increased its target price for the company to 600 kronor.
UBS Maintains “Buy” Recommendation
UBS maintains its “buy” recommendation for Saab AB, citing the company’s strong order book and ability to deliver on its projects.
Third Quarter Expectations Reduced
However, UBS has reduced its expectations for the third quarter, citing a slower pace of growth in the second quarter and a heavier focus on the fourth quarter.