Handelsbanken raises SCA target to SEK 138 for SCA stock

Published on 10/16/2026 at 10:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Handelsbanken lifted its target from SEK 120.00 to SEK 138.00 on October 12, 2026. SCA stock costs EUR 11.20 on October 16, 2026.

Analyst upgrade and operating context

Handelsbanken raised its target from SEK 120.00 to SEK 138.00 on October 12, 2026.
SCA reported SEK 5,153 million in revenue and a 14.10 percent operating margin for the second quarter of 2026.
SCA stock traded at EUR 11.20 at 10:30 a.m. CEST at Lang & Schwarz on October 16, 2026.

Isometrische 3D-Illustration der Wertschöpfungskette von Wald über Sägewerk bis Papierrolle — Isometrische 3D-Grafik erklärt Svenska Cellulosa AB SCA (SE0000112724) mit Wertschöpfungskette von Wald bis Papierrolle, Illustration mit AI erstellt.

SCA (ISIN SE0000112724) is trading at EUR 11.20 at Lang & Schwarz on October 16, 2026 at 10:30 a.m. CEST. BorsKollen reported on October 12, 2026 that Handelsbanken raised its target from SEK 120.00 to SEK 138.00 and repeated its Buy rating.

Target reflects stronger earnings

Handelsbanken expects SCA's operating result to reach SEK 1,034 million in the third quarter of 2026, up 43.00 percent from the preceding quarter, according to the same October 12 report. The bank linked its view to higher containerboard prices and lower raw-material costs.

SCA's second-quarter operating result was SEK 724 million, while its operating margin was 14.10 percent, compared with 11.50 percent in the first quarter. These figures come from Affarsvarlden.

What does the second quarter show?

Revenue reached SEK 5,153 million in the second quarter of 2026, up 8.70 percent from the first quarter but below the SEK 5,380 million reported for the second quarter of 2025. Profit after tax was SEK 523 million, compared with SEK 1,088 million a year earlier, according to Affarsvarlden. The figures leave the next report as the key test of whether price improvements reach profitability.

Three dated SCA developments

On July 22, 2026, SCA published its second-quarter report with revenue of SEK 5,153 million. On August 6, 2026, the company announced a Kraftliner price increase of EUR 100 per tonne. On October 12, 2026, Handelsbanken raised its target from SEK 120.00 to SEK 138.00, as reported by BorsKollen.

Upcoming reporting dates

SCA is scheduled to publish its third-quarter report on October 23, 2026, followed by its fourth-quarter report on January 29, 2027. The company also lists its annual general meeting for March 31, 2027.

Stock trades above EUR 11.00

A Nasdaq Stockholm quote stood at SEK 124.80 at 10:31 a.m. CEST on October 16, 2026. The same market data showed a 52-week range of SEK 96.02 to SEK 129.60 and a market capitalization of SEK 87.7 billion.

SCA stock was trading at EUR 11.20 at Lang & Schwarz on October 16, 2026 at 10:30 a.m. CEST.

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