Goldman Sachs raises target for Assa Abloy B stock to SEK 392.00

Published on 10/16/2026 at 09:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs kept Neutral as it lifted its target to SEK 392.00. Assa Abloy B stock costs EUR 31.99 on October 16, 2026.

Analyst target and quarterly growth

Goldman Sachs raised its Assa Abloy target from SEK 387.00 to SEK 392.00 on October 13, 2026.
Second-quarter revenue reached SEK 39.26 billion, up 9.80 percent from a year earlier.
Assa Abloy B stock traded at EUR 31.99 at 9:17 a.m. CEST at Lang & Schwarz on October 16, 2026.

Trading-Floor mit Händlern und Kursbildschirmen unter Hinweis OMX Stockholm — Assa Abloy AB (SE0007100581) notiert an der Börse Stockholm, gezeigt im editoriellen Bild eines Trading-Floors, Illustration mit AI erstellt.

Assa Abloy B (ISIN SE0007100581) is preparing for its third-quarter report after Borskollen reported on October 13, 2026 that Goldman Sachs raised its target from SEK 387.00 to SEK 392.00 while keeping a Neutral rating. The next report is scheduled for October 27, 2026.

Target rises before results

The Goldman Sachs move gives investors a fresh valuation reference before the next operating update. The target increase was SEK 5.00, or 1.29 percent, calculated against the previous SEK 387.00 target. The rating stayed Neutral, so the change points to a higher valuation case without changing the bank's stated stance.

Assa Abloy's second-quarter figures provide the operating backdrop. Revenue was SEK 39.26 billion in the second quarter of 2026, up 9.80 percent from SEK 38.02 billion in the second quarter of 2025, while operating profit reached SEK 6.68 billion versus SEK 5.96 billion a year earlier, according to Affarsvarlden.

Three events set the timeline

On July 17, 2026, Assa Abloy reported second-quarter revenue of SEK 39.26 billion. On October 5, 2026, the company said its third-quarter report would be released on October 27, 2026. On October 13, 2026, Goldman Sachs lifted its target to SEK 392.00 from SEK 387.00, as reported by Borskollen.

Which dates matter next?

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's ASSA ABLOY. The next dividend date listed by Affarsvarlden is November 10, 2026.

Stock price and valuation

The market backdrop combines a higher analyst target with a scheduled earnings catalyst. Assa Abloy B had a market capitalization of SEK 392.0 billion and a 52-week range of SEK 314.20 to SEK 396.90 as of October 16, 2026. The current range places the share 10.36 percent above its yearly low and 10.82 percent below its yearly high, using the Stockholm quotation in SEK.

At Lang & Schwarz, Assa Abloy B was trading at EUR 31.99 on October 16, 2026, at 9:17 a.m. CEST. The current euro quote is an intraday indication for investors in Germany and is separate from the Stockholm price expressed in SEK. The further course of trading is shown by the continuously updated real-time quote of Assa Abloy B stock.