Deutsche Bank lifts Tele2 B stock target from SEK 144.00 to SEK 148.00
Published on 10/16/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and valuation
- On October 15, 2026, Deutsche Bank lifted its Tele2 target to SEK 148.00 from SEK 144.00.
- Third-quarter sales are forecast at SEK 7,564 million against SEK 7,442 million a year earlier.
- Tele2 B stock costs EUR 14.34 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST, up 1.27 percent versus the Nasdaq Stockholm prior close.
- Tele2 had a price-to-earnings ratio of 11.02 on October 16, 2026.
Deutsche Bank raised its Tele2 target from SEK 144.00 to SEK 148.00 on October 15, 2026, while reiterating its Hold rating, according to MarketScreener. The new target is 7.47 percent below the SEK 159.95 home-market price. At Lang & Schwarz, Tele2 B was trading at EUR 14.34 on October 16, 2026 at 3:36 p.m. CEST, up 1.27 percent versus the prior close on Nasdaq Stockholm.
Forecasts point to October 20
Tele2's next quarterly report is due on October 20, 2026. A compiled estimate from 15 analysts puts adjusted EBITDA for the third quarter at SEK 3,625 million, compared with SEK 3,574 million in the corresponding period last year, according to MarketScreener. The implied year-over-year increase is 1.43 percent. The same consensus expects sales of SEK 7,564 million, versus SEK 7,442 million a year earlier, a gain of 1.64 percent.
Stock sits within its yearly range
Tele2 B's home-market quote stood at SEK 159.95 at 3:46 p.m. CEST on October 16, 2026. The day's range was SEK 157.10 to SEK 160.15, while volume reached 680,815 shares against an average of 2,601,297 shares, making the session volume 73.83 percent below average.
The 52-week range was SEK 143.05 to SEK 198.30. The latest quote was 11.81 percent above the yearly low and 19.34 percent below the yearly high. These levels put the stock closer to the lower half of its annual range than to the upper boundary.
Valuation and upcoming date
Tele2 had a market capitalization of SEK 109.8 billion and a price-to-earnings ratio of 11.02 on October 16, 2026. The company is listed on Nasdaq Stockholm under the ticker TEL2 B, as identified in the official results invitation. Tele2 will publish its third-quarter results at 7:00 a.m. CEST on October 20, 2026 and hold its presentation at 9:00 a.m. CEST, according to Nasdaq.
Comparison with peers
Tele2 B (Nasdaq Stockholm, SEK): plus 1.27 percent, P/E 11.02, market capitalization SEK 109.8 billion.
Telia Company (Nasdaq Stockholm, SEK): plus 1.12 percent, P/E 36.99, market capitalization SEK 181.5 billion.
Telenor (Oslo Exchange, NOK): plus 0.48 percent, P/E 13.26, market capitalization NOK 171.9 billion.
Price at Lang & Schwarz
Tele2 B was trading at EUR 14.34 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST, up 1.27 percent versus the prior close on Nasdaq Stockholm. The euro quote provides the German investor view, while the SEK comparison shows the same-day move on Tele2's home exchange. The further course of trading is shown by the continuously updated real-time quote of Tele2 B stock.
Tele2 B market data
- Company: Tele2 AB (publ)
- ISIN: SE0005190238
- Ticker: TEL2 B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 16, 2026, 3:36 p.m. CEST): EUR 14.34
- Change versus Nasdaq Stockholm prior close: plus 1.27 percent
- Market capitalization: SEK 109.8 billion (as of October 16, 2026)
- 52-week range: SEK 143.05-198.30 (as of October 16, 2026)
- Sector / Industry: Communication services / Wireless telecommunications
Market context: Market report OMXS30.
