Loomis AB stock (SE0014556112): Goldman Sachs and DNB Carnegie raise targets

Goldman Sachs lifted its Loomis AB price target to SEK 555 from 546 and kept a Neutral rating, while DNB Carnegie raised its target to SEK 490 from 455 with a Hold rating, both on May 11, 2026.

Loomis AB, a leading cash handling and security services provider, saw recent analyst updates as Goldman Sachs raised its price target to SEK 555 from SEK 546 while reiterating a Neutral rating on May 11, 2026, according to Marketscreener as of 05/11/2026. Separately, DNB Carnegie increased its target to SEK 490 from SEK 455 and maintained a Hold rating on the same day, per Marketscreener as of 05/11/2026. These moves reflect analyst views following recent company results.

As of: 11.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Loomis AB (publ)
• Sector/industry: Commercial Services
• Headquarters/country: Sweden
• Core markets: Europe, US, Latin America
• Key revenue drivers: Cash handling, ATM services
• Home exchange/listing venue: Nasdaq Stockholm (LOOMIS)
• Trading currency: SEK

Loomis AB: core business model

Loomis AB provides cash handling, ATM management, and security transport services across Europe, the US, and Latin America. The company operates through a network of cash centers and armored vehicles, serving banks, retailers, and central banks. Its model focuses on secure logistics for cash in transit and outsourced cash management solutions.

In the US, Loomis supports the cash ecosystem amid declining but persistent cash usage, particularly in retail and vending. The firm reported revenues around kr30.8b expected for 2026 by analysts, roughly in line with recent 12-month figures, per Simply Wall St as of recent update.

Main revenue and product drivers for Loomis AB

Core revenues stem from cash-in-transit services, which account for the majority, alongside ATM replenishment and cash processing. Growth drivers include digital cash management tools and expansion in secure logistics for e-commerce returns. Europe remains the largest market, but US operations contribute significantly through partnerships with major banks.

For US investors, Loomis offers exposure to the resilient cash services sector, which benefits from steady demand despite digital payment trends. Key metrics from recent quarters show stable margins in cash handling, supporting analyst confidence in targets.

Industry trends and competitive position

The cash services industry faces headwinds from cashless payments but sees tailwinds from cybersecurity needs and cash recycling tech. Loomis competes with Brinks and G4S, holding a strong position in Europe via scale and acquisitions. In the US, it focuses on high-margin ATM outsourcing.

Why Loomis AB matters for US investors

Loomis provides US investors access to a global leader in cash logistics with Nasdaq Stockholm listing, traded in SEK. Its US subsidiary handles significant volume, tying performance to North American retail and banking stability. ADR availability enhances accessibility for US portfolios tracking security services.

Conclusion

Recent analyst target raises by Goldman Sachs and DNB Carnegie signal measured optimism for Loomis AB amid stable revenue outlooks. The company's entrenched role in cash services supports its position, though digital shifts pose long-term questions. US investors may track its transatlantic exposure for diversified security sector plays.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.