Tele2 AB Sees Stock Price Surge Amid Analyst Backing

Tele2 AB, a leading Swedish telecommunication operator, has witnessed a significant uptick in its stock price over recent days, driven by a wave of positive analyst recommendations. The latest development comes from Bernstein, where analysts have raised their target price for the company to 150 kronor, reiterating a “buy” recommendation. This optimistic outlook is also shared by Berenberg, which has resumed coverage of the company with a “hold” recommendation and set a target price of 125 kronor.

The renewed interest in Tele2 AB’s stock is expected to continue, with the company set to release its second-quarter 2025 results. This highly anticipated earnings report is likely to provide further insight into the company’s financial performance, offering investors a clearer picture of its prospects. As the market eagerly awaits this release, the stock price of Tele2 AB appears to be trending upwards, driven by the positive analyst recommendations and upcoming earnings reports.

Key highlights of the recent analyst activity include:

• Bernstein raises target price to 150 kronor, reiterating “buy” recommendation
• Berenberg resumes coverage with “hold” recommendation, sets target price of 125 kronor
• Upcoming second-quarter 2025 results expected to provide further insight into Tele2 AB’s financial performance

As the market continues to focus on Tele2 AB’s prospects, investors are advised to keep a close eye on the company’s progress. With a strong lineup of analyst backing and a promising earnings report on the horizon, Tele2 AB’s stock price is poised to remain a key area of interest in the coming weeks.