Berenberg raises ISS stock target from DKK 350.00 to DKK 370.00

Published on 10/02/2026 at 17:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ISS targets organic growth above 5 percent through 2028. ISS stock costs EUR 38.38 on October 2, 2026 versus EUR 38.03, plus 0.92 percent.

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ISS stock was trading at EUR 38.38 at Lang & Schwarz on October 2, 2026, with the quote up 0.92 percent from the EUR 38.03 prior close. As MarketScreener reported on September 16, 2026, Berenberg raised its target for ISS from DKK 350.00 to DKK 370.00 and kept its Buy rating. The DKK 20.00 increase equals 5.71 percent and puts the analyst view above the latest Copenhagen quotation.

Growth targets move higher

ISS announced average annual organic growth above 5 percent for 2026-2028, replacing targets introduced in November 2022. The company also set a 2028 operating margin target of 5.50-6.00 percent and cash conversion above 60 percent.

According to Nasdaq Copenhagen, ISS issued the targets on September 13, 2026, ahead of its Capital Markets Day on September 14. The 2026 outlook from the first-half report dated August 11, 2026, was unchanged.

Margin is the key test

The target range matters because it combines growth with a profitability hurdle. Moving from organic growth above 5 percent to a 5.50-6.00 percent operating margin target by 2028 gives investors two separate measures for judging execution.

ISS operates in facility services, where contract wins, pricing and operational efficiency influence the quality of growth. The company says like-for-like growth and net new wins should contribute more to expansion, while price increases should contribute less than in 2026.

ISS stock remains below yearly high

The primary-market quote was DKK 287.40 on Nasdaq Copenhagen on October 2, 2026 at 4:59 p.m. CEST, with a DKK 189.30 to DKK 305.20 52-week range and a market capitalization of DKK 44.8 billion. The quote stood 5.83 percent below the 52-week high, while the euro reference price at Lang & Schwarz was EUR 38.38, plus 0.92 percent versus EUR 38.03.

TradingView lists February 25, 2027 as the next ISS earnings date and identifies the report period as the second half of 2026. The further course of trading is shown by the continuously updated real-time quote of ISS stock.