| Monday | ||||
Goldman Sachs analyst… Goldman Sachs analyst Daniela Costa added Atlas Copco to the firm's Conviction List while keeping a Buy rating on the shares with a price target of SEK 535, up from SEK 505. The analyst thinks Atlas has the "most flexibility" to add business through acquisitions given its existing cash balance and areas of focus. | ||||
| Over a week ago | ||||
Berenberg analyst Joel… Berenberg analyst Joel Spungin downgraded Atlas Copco to Sell from Hold with a price target of SEK 390, down from SEK 395. The analyst believes current valuation levels are becoming hard to justify and sees little room for disappointment. Spungin's EBIT estimates for 2021 and 2022 are below consensus. | ||||
Barclays analyst Lars… Barclays analyst Lars Brorson raised the firm's price target on Atlas Copco to SEK 420 from SEK 380 and keeps an Equal Weight rating on the shares. | ||||
Deutsche Bank analyst… Deutsche Bank analyst Gael de-Bray raised the firm's price target on Atlas Copco to SEK 380 from SEK 360 and kept a Sell rating on the shares. | ||||
| Over a month ago | ||||
Perceptron announced… Perceptron announced receiving all regulatory approvals and the successful closing of the previously announced Agreement and Plan of Merger with Atlas Copco, a world-leading provider of sustainable productivity solutions headquartered in Stockholm, Sweden. As a result of the merger, Perceptron has become a wholly owned subsidiary of Atlas Copco. Under the terms of the merger agreement, Perceptron shareholders receive $7.00 per share in cash for each share of common stock held. Following the closing, Perceptron's common stock will no longer be publicly traded and will be delisted from the Nasdaq Global Market. | ||||
Goldman Sachs analyst… Goldman Sachs analyst Daniela Costa upgraded Atlas Copco to Buy from Neutral with a price target of SEK 505, up from SEK 400. Costa said that Atlas has had one of the highest free cash flow compound annual growth rates within capital goods over the last 20 years, yet the sell-side remains cautious following a near doubling of its EV/EBIT multiple over the past two years. The analyst sees its valuation as "correctly reflecting" its high-return and high-growth opportunities. | |
JPMorgan analyst Andrew… JPMorgan analyst Andrew Wilson raised the firm's price target on Atlas Copco to SEK 440 from SEK 420 and keeps an Overweight rating on the shares. | |
Redburn analyst Sebastien… Redburn analyst Sebastien Gruter downgraded Atlas Copco to Neutral from Buy citing valuation. | |
Berenberg analyst Joel… Berenberg analyst Joel Spungin raised the firm's price target on Atlas Copco to SEK 395 from SEK 375 and keeps a Hold rating on the shares. |
| Over a quarter ago | ||||
Morgan Stanley analyst… Morgan Stanley analyst Ben Uglow raised the firm's price target on Atlas Copco to SEK 352 from SEK 330 and keeps an Equal Weight rating on the shares. | ||||