SEB raises target for UPM-Kymmene stock from EUR 28.90 to EUR 29.50
Published on 10/15/2026 at 13:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPortfolio changes set next dates
- SEB raised its target from EUR 28.90 to EUR 29.50 on October 15, 2026.
- UPM plans the WISA demerger for October 31, 2026, with trading expected on November 2, 2026.
- UPM-Kymmene stock trades at EUR 24.62 at 1:34 p.m. CEST at Lang & Schwarz on October 15, 2026.
UPM-Kymmene stock is the subject of a fresh SEB target increase from EUR 28.90 to EUR 29.50 on October 15, 2026, while the bank reiterated its buy view, according to MarketScreener. The target stands 19.82 percent above the Lang & Schwarz price of EUR 24.62 on October 15, 2026.
Target rise meets portfolio change
The analyst move arrives as UPM prepares to separate its plywood business into WISA Group. The official UPM release dated September 18, 2026, says the demerger is planned for October 31, 2026, with WISA shares expected to begin trading on Nasdaq Helsinki on November 2, 2026. The release also identifies Lasse von Hertzen as WISA's chief financial officer through the transaction, according to UPM.
What does the target imply?
SEB's EUR 29.50 target is EUR 4.88 above the Lang & Schwarz quote, a gap of 19.82 percent based on the October 15, 2026 price. UPM-Kymmene is listed on Nasdaq Helsinki under ticker UPM and ISIN FI0009005987, according to Global Banking and Finance.
Three dated portfolio milestones
On September 18, 2026, UPM disclosed the planned October 31 demerger and November 2 WISA listing through its official release. On October 5, 2026, UPM said the European Commission had restated concerns over its planned EUR 1.42 billion graphic paper joint venture, according to UPM-Kymmene. On October 15, 2026, SEB lifted its target from EUR 28.90 to EUR 29.50.
Two dates shape the next step
UPM's next reporting date is October 28, 2026, according to an earnings calendar published by Affarsvarlden. The WISA demerger is scheduled for October 31, 2026, followed by expected trading on November 2, 2026.
Price stays below analyst target
The market value of UPM-Kymmene was EUR 13.0 billion and its 52-week range was EUR 21.75 to EUR 27.94 as of October 15, 2026. The Lang & Schwarz quote sits EUR 3.32 below the 52-week high, while SEB's revised target is EUR 1.56 above that high.
UPM-Kymmene was trading at EUR 24.62 at Lang & Schwarz on October 15, 2026 at 1:34 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of UPM-Kymmene stock.
UPM-Kymmene stock at a glance
- Company: UPM-Kymmene Oyj
- ISIN: FI0009005987
- Ticker: UPM
- Primary exchange: Nasdaq Helsinki
- Price Lang & Schwarz (as of October 15, 2026, 1:34 p.m. CEST): EUR 24.62
- Market capitalization: EUR 13.0 billion (as of October 15, 2026)
- 52-week range: EUR 21.75-EUR 27.94 (as of October 15, 2026)
- Sector / Industry: Materials / Paper, Lumber and Forest Products
Market context: Latest market reports.
