SKF Receives Analyst Upgrades & Price Target Hikes, Dagens industri Reports

In September, several financial institutions revised their recommendations and price targets for SKF, indicating a generally positive outlook. BofA Securities upgraded its recommendation for SKF to "buy" from "neutral" on September 25, 2025, and increased its price target to SEK 280 from SEK 240, according to Nyhetsbyrån Direkt. Prior to BofA's upgrade, Pareto Securities reiterated its "buy" recommendation on September 19, 2025, raising its price target for SKF to SEK 290 from SEK 275. At the time of Pareto's update, SKF's stock had closed at SEK 234.40 the preceding Thursday. These recent positive revisions contrast with mixed analyst actions in July 2025. On July 21, Danske Bank Markets downgraded SKF to "hold" from "buy." However, Handelsbanken Capital Markets maintained its "buy" recommendation, increasing its price target to SEK 270 and referencing a prior closing price of SEK 231.80. Kepler Cheuvreux also reiterated its "buy" recommendation, increasing its price target to SEK 260 from SEK 250, according to Nyhetsbyrån Direkt.