Evolutions Q4 report was “in line with Infront’s consensus” but the sales and EBITDA results were 2% lower than what Kepler had predicted, according to analyst Rasmus Engberg. He believes that the stock could potentially drop on the day of the report. At the time of writing, Evolution’s stock is indeed down by nearly 6%.
Despite this, Engberg still gives the stock a buy recommendation with a target price of 1400 kronor, far higher than the current trading price of around 829 kronor. “In the short term, the stock price could be affected by when the buybacks start again, especially since many have shorted the stock. But with the current valuation, we see any potential decline as a good buying opportunity.”
Several market giants released their reports today, including Telia, where Kepler advises to hold with a target price of 35 kronor. Analyst Kristoffer Carleskär notes, “We expect a fairly neutral reaction in the stock today as both the dividend and 2025 guidance were in line with expectations.”
Axfood is rewarded with a buy recommendation and a target price of 290 kronor after its report release. Nordea also receives a buy rating with a target price of 12.60 euros. Analyst Markus Sandgren comments, “Overall, the results were in line with expectations, but probably not enough for the stock to perform today given the strong performance so far this year.”
Electrolux also receives a buy recommendation, while ABB is advised to hold. Fashion giant H&M is also on the buy list from Kepler, with a target price of 175 kronor. Analyst Magnus Råman summarizes, “Overall, we expect a neutral to slightly negative reaction in the stock today, as a net result of a better operating profit but slightly weaker sales growth, while the operational cash flow adjusted for temporary inventory increase was good.”
In conclusion, the day’s market reports show a mix of recommendations and reactions, with analysts like Engberg, Carleskär, Sandgren, and Råman providing valuable insights into the performance and potential of these companies. Investors will need to carefully consider these recommendations and the market dynamics as they make their decisions.