SSAB stock gains as Deutsche Bank raises target and SB1 Markets turns more bullish
Published on 09/04/2026 at 21:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
SSAB stock (ISIN SE0000108656) is trading around 102.80 SEK on Nasdaq Stockholm as of the September 3, 2026 closing, with data showing the share up about 45.86% since the start of 2026 according to MarketScreener.
Analysts adjust price targets
According to an analyst update reported by MarketScreener on September 4, 2026, Deutsche Bank has raised its price target for SSAB to 98 SEK from 90 SEK while maintaining a hold rating.
The same MarketScreener overview indicates that SSAB’s last closing price on Nasdaq Stockholm was 102.80 SEK on September 3, 2026, implying that the stock is trading about 4.9% above Deutsche Bank’s new target, and that the average analyst target stands at 109.71 SEK, roughly 6.7% above the current level.
SB1 Markets sees more upside
A separate note highlighted by Zonebourse on September 4, 2026 states that SB1 Markets has lifted its price target for SSAB to 130 SEK from 120 SEK and continues to recommend the shares with a buy rating.
Zonebourse’s market snapshot shows SSAB trading around 104.02 SEK intraday on September 4, 2026, with a five day performance of plus 1.19% and a year to date gain of 45.86%, while the previous closing price is reported as 102.80 SEK.
More on SSAB fundamentals and investor information
Investors who follow SSAB stock can explore additional regulatory filings, presentations and financial reports to better understand the Swedish steelmaker’s earnings profile and long term strategy.
Fossil free steel ambitions
Beyond the short term price action, SSAB’s strategic push into low emission steel is an important backdrop for analyst views. As reported by Gulf Industry on September 4, 2026, SSAB and Stena Stal have aligned to provide fossil free steel to Nordic customers, with SSAB aiming to deliver fossil free steel at commercial scale during 2026.
The same report notes that SSAB’s broader goal is to largely eliminate carbon dioxide emissions from its own operations by around 2030, underlining why investors and analysts factor the company’s decarbonization trajectory into their expectations for long term demand and margins.
Representative product: SSAB fossil free steel
One representative product that illustrates SSAB’s strategy is its fossil free steel offering for the Nordic market. According to Gulf Industry, SSAB plans to bring fossil free steel to commercial scale during 2026, positioning the product as a premium solution for customers looking to cut embedded emissions in sectors such as construction, automotive and machinery.
SSAB stock on Nasdaq Stockholm
For retail investors, the latest figures suggest that SSAB stock is trading around 104.02 SEK intraday on Nasdaq Stockholm as of September 4, 2026, compared with a previous closing price of 102.80 SEK on September 3, 2026, and that the shares have gained about 45.86% since the start of 2026 based on MarketScreener’s data.
SSAB stock key data
- Company: SSAB AB
- ISIN: SE0000108656
- Ticker: SSAB A
- Trading venue: Nasdaq Stockholm
- Price (as of September 4, 2026): 104.02 SEK
- Market capitalization: not specified
- Sector / Industry: Steel / Materials
- Index membership: OMX Stockholm index
