Stock Market Sees Mixed Analyst Ratings: Elekta Downgraded, HMS Upgraded
Analyst changes impact Elekta and HMS Networks, indicating mixed market sentiment.
Key Points
- • SEB upgrades HMS Networks to 'buy', raising target price to 535 SEK.
- • Elekta faces multiple downgrades after a poor quarterly report.
- • General market opened lower, with Flat Capital shares rising significantly.
- • Undervalued stocks identified as potential investment opportunities.
On August 29, 2025, the Swedish stock market experienced notable analyst updates, with several changes affecting major companies. SEB upgraded its recommendation for HMS Networks, changing its status from "hold" to "buy" and raising its target price significantly from 456 SEK to 535 SEK. This upgrade reflects a more optimistic outlook, suggesting that the difficult market conditions may have stabilized, with analysts indicating that "the worst is behind us" for this sector.
Conversely, Elekta, which specializes in radiation therapy systems, faced several downgrades following a disappointing quarterly report for the first quarter (May-July), traditionally a weak period for the company. Analysts from prominent financial institutions like Barclays, Handelsbanken, and Nordea adjusted their price targets downward, responding to the unfavorable results published in the report.
Additionally, in a broader analysis of potential buying opportunities, recent commentary highlighted the presence of undervalued companies on the Stockholm Stock Exchange. While Telia and SSAB remain among the most-considered stocks, there are suggestions for investing in lesser-known firms that are also financially solid. Despite a general dip in market performance at the day's start, Flat Capital saw a positive surge following an investment announcement, showcasing a mixed yet dynamic trading environment.