Nordea cut Alfa Laval to Hold with a SEK 610 target for Alfa Laval stock

Published on 10/20/2026 at 10:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nordea's October 15 downgrade kept its SEK 610 target unchanged. Alfa Laval stock costs EUR 49.74 on October 20, 2026 before its October 27 report.

Analyst view and reporting dates

Nordea cut Alfa Laval to Hold and kept its SEK 610 target on October 15, 2026.
Second-quarter revenue reached SEK 18.12 billion, up 13.80 percent year over year.
Alfa Laval stock trades at EUR 49.74 at 10:07 a.m. CEST at Lang & Schwarz on October 20, 2026.
Alfa Laval will publish third-quarter results on October 27, 2026.

Isometrische 3D-Grafik einer Prozesskette mit Wärmetauscher, Separator und Pumpen — Alfa Laval AB (SE0000695876) deckt die Prozesskette ab, illustriert in diesem isometrischen 3D-Diagramm, Illustration mit AI erstellt.

Alfa Laval (ISIN SE0000695876) was trading at EUR 49.74 at Lang & Schwarz on October 20, 2026 at 10:07 a.m. CEST. The latest analyst shift came from Nordea, which cut its recommendation to Hold from Buy while retaining a SEK 610 price target on October 15, 2026, according to MarketScreener.

Nordea weighs growth against risks

Nordea also raised its EBITA forecasts for 2026 through 2028 by 3.00 percent, but described the shares as fairly valued at 17.5 times expected 2027 EV to EBIT. The bank cited possible order intake growth in the energy and marine businesses, while geopolitical uncertainty and margin trends remain key counter-factors.

The rating change followed other October research. MarketScreener reported that Citigroup raised its target from SEK 575 to SEK 588 on October 13, 2026, while maintaining a Neutral rating.

What changes before October 27?

The next test is Alfa Laval's third-quarter report. In the second quarter of 2026, revenue reached SEK 18.12 billion, compared with SEK 16.82 billion a year earlier, while net income was SEK 2.03 billion versus SEK 2.01 billion, according to Markets Insider. The revenue comparison equals growth of 7.71 percent year over year.

Three dates frame the stock

Alfa Laval's recent chronology runs from second-quarter revenue of SEK 18.12 billion on July 21, 2026, to Citigroup's SEK 575 to SEK 588 target change on October 13, 2026, and Nordea's Hold decision with a SEK 610 target on October 15, 2026. The company will publish its third-quarter report on October 27, 2026, and hold its Capital Markets Day on November 18, 2026, according to Alfa Laval.

Stock enters the results window

Alfa Laval develops equipment for heat transfer, separation and fluid management, serving industrial customers across energy, food, water and marine markets. The company is listed on Nasdaq Stockholm and operates with three main divisions: Energy, Food & Water, and Marine.

Alfa Laval was trading at EUR 49.74 at Lang & Schwarz on October 20, 2026 at 10:07 a.m. CEST.

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