Hexpol stock rises as analysts lift targets to 110 SEK

Hexpol AB stock (ISIN SE0011624077) traded at 98.50 SEK on Nasdaq Stockholm on September 23, 2026, up 2.23 percent, as fresh analyst coverage put a 110 SEK valuation marker above the market price. The move followed a new buy recommendation from Pareto Securities and a higher target from Kepler Cheuvreux.

Analysts set higher targets

MarketScreener reported on September 23, 2026, that Pareto Securities initiated coverage with a buy rating and a 110 SEK price target. Against the 98.50 SEK reference price, that target is 11.50 SEK higher, or 11.68 percent above the quoted level.

MarketScreener reported on September 23, 2026, that Kepler Cheuvreux raised its target from 90 SEK to 100 SEK while reiterating a hold recommendation. The two target changes point to a more constructive earnings view, but the recommendations remain differentiated rather than uniformly bullish.

Second quarter delivered growth

Hexpol recorded net sales of 5,280 million SEK in the second quarter of 2026, versus 5,067 million SEK expected, according to MarketScreener on September 23, 2026. Adjusted operating profit reached 772 million SEK, compared with 714 million SEK expected, a positive difference of 58 million SEK.

Placera reported on September 23, 2026, that organic growth was 8 percent in the second quarter of 2026. The figure matters because the analysis described a return to organic growth after negative development during 2023 through 2025.

Stock gains with valuation gap

The Nasdaq Stockholm quotation showed Hexpol at 98.50 SEK and a market capitalization of approximately 3.37 billion SEK in the September 23, 2026 market snapshot, while reported volume was 6.22 million SEK, according to MarketScreener. The 110 SEK Pareto target therefore implies a quantified gap of 11.68 percent from the quoted level, while Kepler's 100 SEK target implies a smaller 1.52 percent gap.

The counter-factor is visible in the range of published views: the analyst consensus showed an average target of 89.83 SEK, a high target of 100 SEK and a low target of 74 SEK in the September 23, 2026 overview. That spread places the new 110 SEK target above the previously displayed high and makes execution of the reported organic recovery the central valuation test.

Hexpol stock trades at 98.50 SEK

Hexpol stock stood at 98.50 SEK on Nasdaq Stockholm on September 23, 2026, with a daily gain of 2.23 percent. The 110 SEK Pareto target and the 100 SEK Kepler target provide the clearest dated reference points for the market's current debate over growth and earnings.

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