BNP Paribas raises target for SCA stock to SEK 110

Published on 10/12/2026 at 10:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BNP Paribas set a SEK 110 target after SEK 96 on October 9, 2026. SCA stock was EUR 10.81 on October 12, 2026.

Key points in brief

BNP Paribas raised its SCA target from SEK 96 to SEK 110 while retaining a neutral rating on October 9, 2026.
SCA reported second-quarter 2026 net sales of SEK 5.15 billion and EBITDA of SEK 1.30 billion.
SCA stock was trading at EUR 10.81 at Lang & Schwarz on October 12, 2026 at 9:53 a.m. CEST.
SCA's next interim report is scheduled for October 23, 2026.

Flatlay mit Aktienzertifikat, ISIN-Karte, Holzspänen und Papierproben auf Holztisch — Flatlay-Arrangement präsentiert Svenska Cellulosa AB SCA (SE0000112724) mit Aktienzertifikat, ISIN-Karte und Holzproben, Illustration mit AI erstellt.

SCA (ISIN SE0000112724) was trading at EUR 10.81 at Lang & Schwarz on October 12, 2026 at 9:53 a.m. CEST. Placera reported on October 9, 2026 that BNP Paribas raised its target from SEK 96 to SEK 110 and retained a neutral rating. The target revision gives the stock a clear valuation reference, while the neutral rating keeps the assessment balanced.

Three results shape the story

On July 22, 2026, SCA reported first-half 2026 net sales of SEK 9.893 billion, down 6 percent from SEK 10.541 billion, while EBITDA fell to SEK 2.410 billion from SEK 3.684 billion. SCA attributed the decline to lower selling prices, negative exchange-rate effects and higher raw-material costs.

On August 6, 2026, SCA announced a EUR 100 per tonne Kraftliner price increase for Europe, effective September 1, 2026. The pricing action is important because management said during the second-quarter call that the increases would flow into earnings during the second half of 2026.

What does the target change mean

The latest reported quarter showed the pressure clearly: second-quarter 2026 net sales were SEK 5.153 billion, while EBITDA was SEK 1.3 billion and the EBITDA margin was 25 percent. The comparison with second-quarter 2025 is mixed, with sales down 4 percent and EBITDA down 36 percent, according to the second-quarter earnings transcript published by Yahoo Finance on July 22, 2026. For the valuation debate, the price increases, delivery volumes and raw-material costs are the key operating variables.

Dates for the next reports

SCA has scheduled its third-quarter 2026 interim report for October 23, 2026, followed by the fourth-quarter 2026 year-end report on January 29, 2027. The company will present the third-quarter figures at a webcast conference on October 23, 2026.

SCA stock stays tied to execution

SCA's business spans forests, wood products, pulp, paper and renewable energy, with its primary listing on Nasdaq Stockholm in SEK. The October 9, 2026 market indication for SCA B was SEK 119.60, while the euro quote from Lang & Schwarz stood at EUR 10.81 on October 12, 2026 at 9:53 a.m. CEST.

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