Jefferies keeps Hold on Huhtamaki stock with EUR 32.25 target

Published on 10/05/2026 at 16:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 sales fell 3.00 percent to EUR 1.96 billion. Huhtamaki stock costs EUR 26.54 on October 5, 2026 versus EUR 27.12.

Isometrisches Diagramm der Verpackungs-Wertschöpfungskette, Huhtamäki Oyj — Isometrische Grafik der Wertschöpfungskette von Papierfaser bis Fertigprodukt veranschaulicht das Geschäftsmodell von Huhtamäki Oyj (FI0009000459), Illustration mit AI erstellt.

Huhtamaki stock (ISIN FI0009000459) was trading at EUR 26.54 at Lang & Schwarz on October 5, 2026 at 3:43 p.m. CEST, down 2.14 percent from the prior close of EUR 27.12. The latest analyst signal came from Jefferies: in a report released on October 2, 2026, Cole Hathorn maintained a Hold rating and set a EUR 32.25 price target, as Markets Insider reported.

Analyst target stays above market price

Jefferies' EUR 32.25 target stands 21.44 percent above the Lang & Schwarz price of EUR 26.54. The rating is cautious rather than bullish, which gives the target a more measured reading for investors assessing the gap between valuation and near-term expectations.

Huhtamaki lists its half-year report for January 1 through June 30, 2026, among its latest investor materials. The company also identifies HUH1V on Nasdaq Helsinki and describes its business as sustainable foodservice, food-on-the-shelf and everyday-necessities packaging.

First-half sales fell amid currency pressure

Huhtamaki reported first-half 2026 net sales of EUR 1.96 billion, down 3.00 percent from the comparable period, while adjusted EBIT declined to EUR 198.20 million from EUR 201.50 million. The figures were reported in a summary of the company's half-year results by Simplify Jobs.

The second quarter provided a more stable operating picture: comparable net sales grew 2.00 percent, while reported net sales were EUR 1.01 billion and adjusted EBIT reached EUR 103.70 million, up from EUR 103.10 million a year earlier. Currency movements reduced first-half net sales by EUR 77.80 million, making exchange rates an important counter-factor to the operating result.

Stock remains near its yearly low

Huhtamaki's market capitalization was EUR 2.8 billion on October 5, 2026. Its 52-week range was EUR 25.76 to EUR 32.72, placing the Lang & Schwarz price 18.89 percent below the high and only EUR 0.78 above the low.

The next earnings release is scheduled for October 29, 2026, according to InvestPane. That date gives the market a defined checkpoint after the first-half sales decline, the currency drag and the mixed analyst stance.

Trading remains below the analyst target

At Lang & Schwarz, Huhtamaki was trading at EUR 26.54 on October 5, 2026 at 3:43 p.m. CEST, down 2.14 percent versus the prior close of EUR 27.12. The further course of trading is shown by the continuously updated real-time quote of Huhtamaki stock.