ABG cuts target for Fabege stock from SEK 75 to SEK 70

Published on 10/05/2026 at 13:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ABG lifts Fabege to Hold from Sell on September 29, 2026. Fabege stock costs EUR 5.77 on October 5, 2026 after EUR 5.74, plus 0.52 percent.

Isometrische 3D-Illustration einer Immobilien-Wertschöpfungskette von Grundstück bis Vermietung — Isometrische 3D-Grafik zeigt anschaulich die gesamte Wertschöpfungskette der Immobilienentwicklung bei Fabege AB (SE0011166974), Illustration mit AI erstellt.

Fabege stock (ISIN SE0011166974) was trading at EUR 5.77 at Lang & Schwarz on October 5, 2026 at 1:39 p.m. CEST, up 0.52 percent versus the prior close of EUR 5.74. On September 29, 2026, ABG Sundal Collier raised its recommendation to Hold from Sell while cutting its price target from SEK 75.00 to SEK 70.00, according to Placera.

Second-quarter income beats consensus

Fabege reported rental income of SEK 902 million in the second quarter of 2026, compared with SEK 852 million in the second quarter of 2025 and SEK 899 million consensus. The increase versus the prior-year quarter was 5.87 percent, while rental income exceeded consensus by 0.33 percent, according to Affarsvarlden.

Net operating income reached SEK 671 million in the second quarter of 2026, up from SEK 633 million a year earlier, an increase of 6.00 percent. Net income was SEK 387 million, compared with a loss of SEK 117 million in the second quarter of 2025, while EPRA net reinstatement value stood at SEK 144.00 per share against SEK 147.00.

October report sets the next test

Fabege has scheduled its interim report for January through September 2026 for October 21, 2026 at 7:30 a.m. CEST. The company will present the report at 10:00 a.m. CEST, according to Fabege.

For the first half of 2026, Fabege reported net lettings of SEK -62 million, an occupancy rate of 87 percent, an equity-to-assets ratio of 45 percent and a loan-to-value ratio of 43 percent. These figures make leasing momentum and financing discipline central indicators for the next report.

EUR 5.77 remains the market reference

At 1:39 p.m. CEST on October 5, 2026, the Lang & Schwarz quote stood at EUR 5.77, versus a prior close of EUR 5.74, with a daily change of plus 0.52 percent. Fabege's primary listing is Nasdaq Stockholm under ticker FABG, where the quote currency is SEK; its 52-week range was SEK 64.00 to SEK 89.20 as of October 5, 2026, and market capitalization was SEK 20.4 billion.

The further course of trading is shown by the continuously updated real-time quote of Fabege stock.