UBS raises target for SCA stock from SEK 111 to SEK 125

Published on 10/21/2026 at 11:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SCA's second-quarter revenue fell 6 percent to SEK 5.153 billion. SCA stock costs EUR 11.30 on October 21, 2026, 0.53 percent above the Xetra close.

Analyst targets and quarterly dates

UBS lifted its SCA target to SEK 125.00 on October 19, 2026.
First-half 2026 revenue reached SEK 9.893 billion, while EBITDA was SEK 2.410 billion.
SCA stock trades at EUR 11.30 at 11:06 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.53 percent above the Xetra close of October 20, 2026.
SCA will publish its third-quarter report on October 23, 2026.

Flatlay mit Aktienzertifikat, ISIN-Karte, Holzspänen und Papierproben auf Holztisch — Flatlay-Arrangement präsentiert Svenska Cellulosa AB SCA (SE0000112724) mit Aktienzertifikat, ISIN-Karte und Holzproben, Illustration mit AI erstellt.

Svenska Cellulosa Aktiebolaget SCA (ISIN SE0000112724) stock is at EUR 11.30 at Lang & Schwarz on October 21, 2026, 0.53 percent above the Xetra close of October 20, 2026 at EUR 11.24. UBS raised its SCA price target from SEK 111.00 to SEK 125.00 on October 19, 2026, while retaining a Neutral rating, according to MarketScreener.

Target revisions raise the bar

The latest target sits below SCA's SEK 138.00 target from Handelsbanken, which was raised from SEK 120.00 on October 12, 2026. Handelsbanken expected operating profit of SEK 1,034 million in the third quarter, 43 percent above the second quarter, citing higher containerboard prices and lower raw material costs, according to MarketScreener.

Why do results matter now?

SCA's first-half 2026 net sales fell 6 percent year over year to SEK 9,893 million, while EBITDA declined to SEK 2,410 million from SEK 3,684 million. The figures put the upcoming report under pressure to show whether higher Kraftliner prices are improving profitability, according to SCA's investor information dated July 22, 2026.

Three steps led to October

On August 6, 2026, SCA announced a EUR 100 per tonne Kraftliner price increase effective September 1, 2026. On October 12, 2026, Handelsbanken raised its target to SEK 138.00 from SEK 120.00. On October 19, 2026, UBS lifted its target to SEK 125.00 from SEK 111.00, according to SCA and MarketScreener.

Two dates frame the next test

SCA will publish its third-quarter 2026 report on October 23, 2026, followed by its fourth-quarter 2026 report on January 29, 2027, according to the company's investor calendar. The dates matter because the target revisions assume a sharper improvement in operating profit than the first-half comparison currently shows.

Stock holds above the Xetra close

SCA's market capitalization was SEK 88.1 billion on October 21, 2026. Its 52-week range was SEK 96.02 to SEK 129.60, placing the current Nasdaq Stockholm quote within that band. The euro quotation is slightly above the reference close, while the analyst range remains divided between UBS at SEK 125.00 and Handelsbanken at SEK 138.00.

SCA was trading at EUR 11.30 at Lang & Schwarz on October 21, 2026 at 11:06 a.m. CEST, up 0.53 percent versus the Xetra close of October 20, 2026 at EUR 11.24. The further course of trading is shown by the continuously updated real-time quote of SCA stock.