Boliden, SE0020050417

Deutsche Bank raised target for Boliden stock to SEK 640

Published on 10/09/2026 at 12:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley set a SEK 544 target on October 7, 2026. Boliden stock traded at EUR 48.51 on October 9, 2026, up 3.72 percent from EUR 46.77.

Key points in brief

Deutsche Bank raised Boliden's target from SEK 620 to SEK 640 while keeping a Hold rating on October 7, 2026.
Boliden's adjusted EBIT was expected at SEK 4.3 billion for the third quarter, above consensus of SEK 4.1 billion.
Boliden stock was trading at EUR 48.51 at Lang & Schwarz on October 9, 2026, up 3.72 percent versus EUR 46.77.
The next reporting dates are October 29, 2026, for the quarterly report and February 3, 2027, for the annual report.

Fotorealistische Kupferschmelze mit glühendem Metall in schwedischer Industrieanlage bei Dämmerung — Boliden AB (ISIN SE0022415691) betreibt moderne Kupferschmelzen und Untertagebergwerke in ganz Skandinavien, Illustration mit AI erstellt.

Boliden (ISIN SE0020050417) was trading at EUR 48.51 at Lang & Schwarz on October 9, 2026 at 12:02 p.m. CEST, up 3.72 percent versus the EUR 46.77 prior close. Deutsche Bank had raised its target for Boliden from SEK 620 to SEK 640 while retaining a Hold rating on October 7, 2026, according to Placera.se.

Targets moved higher

The Deutsche Bank note put adjusted EBIT for Boliden at SEK 4.3 billion in the third quarter, above consensus of SEK 4.1 billion. The comparison gives the target increase a concrete earnings reference, while the note identified higher copper and zinc prices and improved copper grades at Aitik as support.

Affarsvarlden listed Morgan Stanley's October 7, 2026 target at SEK 544, raised from SEK 473, and Deutsche Bank's target at SEK 640, raised from SEK 620. At the Nasdaq Stockholm quote of SEK 542.20 on October 9, 2026 at 12:00 p.m. CEST, the Deutsche Bank target stood 18.04 percent above the share price, while the Morgan Stanley target stood 0.33 percent above it.

What does the latest quarter show?

Boliden reported adjusted operating profit excluding process inventory revaluation of SEK 2.9 billion for the second quarter of 2026, up from the prior year, while EBITDA reached SEK 5.5 billion and earnings per share came to SEK 7.81, according to the Yahoo Finance transcript. The company repeated 2026 throughput guidance of 1.5 million tonnes, but reduced Tara throughput guidance from 1.8 million tonnes to 1.6 million tonnes.

Three dated analyst milestones

On September 10, 2026, Berenberg raised its target from SEK 530 to SEK 560 and kept a Hold rating, as reported by MarketScreener. On October 7, 2026, Morgan Stanley raised its target from SEK 473 to SEK 544, followed by Deutsche Bank raising its target from SEK 620 to SEK 640 on the same date, according to Affarsvarlden.

Next reporting dates

Boliden's next quarterly report is scheduled for October 29, 2026, and its annual report for February 3, 2027, according to Affarsvarlden. The dates give the market two scheduled checkpoints after the October 7 target revisions.

Boliden stock trades higher

Boliden was trading at EUR 48.51 at Lang & Schwarz on October 9, 2026 at 12:02 p.m. CEST, up 3.72 percent versus the EUR 46.77 prior close. On Nasdaq Stockholm, the stock was last at SEK 542.20 on October 9, 2026 at 12:00 p.m. CEST, with a market capitalization of SEK 154.0 billion and a 52-week range of SEK 402.70 to SEK 727.80. The further course of trading is shown by the continuously updated real-time quote of Boliden stock.