Handelsbanken raises target for SCA stock from SEK 120 to SEK 138

Published on 10/15/2026 at 11:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SCA booked SEK 5,153 million revenue in the second quarter. SCA stock costs EUR 11.06 on October 15, 2026 before Q3 results on October 23.

Reporting timetable and market context

Handelsbanken raised its SCA target to SEK 138.00 from SEK 120.00 on October 12, 2026.
SCA reported SEK 5,153 million in revenue for the second quarter of 2026.
SCA stock traded at EUR 11.06 at 11:45 a.m. CEST at Lang & Schwarz on October 15, 2026.

Schwarzweiß-Reportagefoto von Arbeitern in einer großen industriellen Zellstofffabrik — Schwarzweiße Reportage-Aufnahme illustriert Svenska Cellulosa AB SCA (SE0000112724) mit Arbeitern in industrieller Zellstofffabrik-Halle, Illustration mit AI erstellt.

SCA (ISIN SE0000112724) became the subject of a higher Handelsbanken target on October 12, 2026, when the bank lifted its view from SEK 120.00 to SEK 138.00, according to Affarsvarlden. The change gives the upcoming quarterly report a clear valuation reference.

Recent targets point higher

The latest target sits above two earlier calls. On October 2, 2026, DNB Carnegie set a SEK 129.00 target, while BNP Paribas set a SEK 110.00 target on October 9, 2026, according to Affarsvarlden. The sequence places Handelsbanken's SEK 138.00 target SEK 9.00 above DNB Carnegie's and SEK 28.00 above BNP Paribas's levels.

What does the target reset imply?

SCA's second-quarter operating figures provide the latest company-specific benchmark. Revenue was SEK 5,153 million, compared with SEK 4,740 million in the first quarter, while operating profit reached SEK 724 million versus SEK 543 million. The second-quarter operating margin was 14.1 percent, up from 11.5 percent in the first quarter, according to Affarsvarlden. That improvement is the key operating comparison behind the current target discussion.

Three dated steps before results

SCA's recent chronology runs from DNB Carnegie's SEK 129.00 target on October 2, 2026, to BNP Paribas's SEK 110.00 target on October 9, 2026, and Handelsbanken's SEK 138.00 target on October 12, 2026. The dates and figures are reported by Affarsvarlden.

The next dated events are SCA's third-quarter interim report on October 23, 2026, and its fourth-quarter report on January 29, 2027, according to the company's investor-relations calendar at SCA.

Euro quote before the report

SCA was trading at EUR 11.06 at Lang & Schwarz on October 15, 2026, at 11:45 a.m. CEST. On Nasdaq Stockholm, the stock was last quoted at SEK 123.70 at 11:52 a.m. CEST on the same date. The market capitalization was SEK 86.9 billion as of October 15, 2026.

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