Evercore raised target for Assa Abloy B stock to SEK 380
Published on 10/13/2026 at 09:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Evercore ISI raised its Assa Abloy target from SEK 375 to SEK 380 while retaining an in-line view on October 8, 2026.
- Revenue rose 9.80 percent to SEK 39.26 billion in the second quarter of 2026.
- Assa Abloy B was trading at EUR 31.35 at Lang & Schwarz on October 13, 2026 at 9:20 a.m. CEST.
- The company is scheduled to release its third-quarter 2026 report on October 27, 2026.
Evercore ISI had raised its target for Assa Abloy B from SEK 375 to SEK 380 on October 8, 2026, while retaining an in-line view, as Placera reported. Assa Abloy B was trading at EUR 31.35 at Lang & Schwarz on October 13, 2026 at 9:20 a.m. CEST.
Three dates shape the setup
On July 17, 2026, Assa Abloy reported second-quarter revenue of SEK 39.26 billion and operating profit of SEK 6.68 billion, according to Affarsvarlden. On September 16, 2026, the company announced its acquisition of PACLOCK in the United States, with annual sales of SEK 155 million cited in the same coverage. On October 8, 2026, the Evercore ISI target moved to SEK 380 from SEK 375, keeping the rating at in-line.
What does the target change mean?
The SEK 5 increase equals a 1.33 percent rise from the previous SEK 375 target, calculated in the target currency. The unchanged in-line view makes the adjustment a measured valuation move rather than a change in recommendation.
The second-quarter numbers provide the operating backdrop. Revenue was 9.80 percent higher than in the second quarter of 2025, while operating profit increased to SEK 6.68 billion from SEK 5.96 billion. The operating margin reached 17.00 percent, compared with 15.70 percent a year earlier, according to Affarsvarlden.
Third-quarter date is set
ASSA ABLOY will release its third-quarter 2026 report on October 27, 2026 at 8:00 a.m. CET, followed by a presentation at 9:00 a.m. CET, according to the company announcement dated October 5, 2026, published on ASSA ABLOY. The scheduled report is the next quantified test of whether the improved second-quarter margin can continue.
At Lang & Schwarz, Assa Abloy B was trading at EUR 31.35 on October 13, 2026 at 9:20 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Assa Abloy B stock.
Assa Abloy B at a glance
- Company: ASSA ABLOY AB (publ)
- ISIN: SE0007100581
- Ticker: ASSA-B.ST
- Price Lang & Schwarz as of October 13, 2026, 9:20 a.m. CEST: EUR 31.35
- Market capitalization: SEK 389.8 billion (as of October 13, 2026)
- 52-week range: SEK 314.20-396.90 (as of October 13, 2026)
- Sector / Industry: Industrials / Security and Protection Services
Market context: Market report OMXS30.
