Analyst Lars Kjellberg of Stifel Nicolaus maintained a Hold rating on BillerudKorsnas AB (0GWS – Research Report), with a price target of SEK118.00.
Lars Kjellberg has given his Hold rating due to a combination of factors including BillerudKorsnas AB’s recent financial performance and market conditions. The company’s Q1 2025 net sales exceeded expectations by 3% and were 2% higher than consensus estimates, driven by increased sales volumes and improved profitability in both Europe and North America.
However, despite these positive results, the company faces challenges such as higher maintenance expenses and input costs, particularly in energy and pulpwood. Additionally, while the North American market remains supportive, the European market is stabilizing with some weak conditions expected in specific segments like coated liner and cartonboard. These mixed factors contribute to the Hold rating, suggesting that while there are opportunities for growth, there are also risks that investors should consider.
According to TipRanks, Kjellberg is a 4-star analyst with an average return of 6.9% and a 51.77% success rate. Kjellberg covers the Consumer Cyclical sector, focusing on stocks such as Avery Dennison, International Paper Co, and Graphic Packaging.
In another report released on April 14, Citi also maintained a Hold rating on the stock with a SEK100.00 price target.