SEB raises target for ISS stock from DKK 320 to DKK 360
Published on 10/01/2026 at 14:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ISS A/S stock is the subject of a higher analyst target after SEB lifted its price objective from DKK 320 to DKK 360 and reiterated its Buy rating on September 17, 2026, according to MarketScreener. The move followed ISS's new medium-term targets, which put profitability at the center of the investment case.
Targets lift margin ambition
ISS announced on September 13, 2026, that average annual organic growth should exceed 5.00 percent across 2026-2028. The company also set an operating margin target of 5.50-6.00 percent for 2028 and a cash conversion target above 60.00 percent, replacing targets announced in November 2022.
The announcement makes margin expansion the clearest measurable test of the strategy. ISS said like-for-like growth from volume growth and net new wins should contribute a larger share of organic growth, while price increases should represent a smaller share than in 2026. The 2026 outlook, as stated in the interim report for the first half of 2026, was unchanged, according to ISS World.
Analysts raise the bar
SEB's DKK 360 target is one of several upward revisions in September. Berenberg raised its target from DKK 350 to DKK 370 and kept a Buy rating on September 16, 2026, according to MarketScreener. The sequence gives the margin target a direct valuation test: analysts are raising targets while the company moves toward a 2028 operating margin of up to 6.00 percent.
Stock sits below yearly high
ISS traded at DKK 284.80 on Nasdaq Copenhagen on October 1, 2026 at 2:23 p.m. CEST, compared with a prior-session value of DKK 285.40. Its DKK 189.30-305.20 52-week range places the quote 6.68 percent below the yearly high, while market capitalization stood at DKK 44.4 billion on the same date.
Revenue scale supports the plan
ISS reported DKK 84.7 billion of group revenue for fiscal year 2025, according to the company's September 13 announcement. That revenue base gives the organic-growth target a substantial operating scale, but the 2028 margin range remains the more demanding performance marker because it requires profitable growth rather than expansion through pricing alone.
Investor markers for October
The next scheduled sales and revenue release is November 4, 2026, according to the calendar shown by MarketScreener. Until then, the key comparison is between the current Nasdaq Copenhagen quote and the 2028 margin ambition of 5.50-6.00 percent.
ISS stock facts
- Company: ISS A/S
- Primary exchange: Nasdaq Copenhagen
- Market capitalization: DKK 44.4 billion (as of October 1, 2026)
- 52-week range: DKK 189.30-305.20 (as of October 1, 2026)
- Sector / Industry: Business Support Services
