Stora Enso stock gains as Jefferies raises target to EUR 12.50

Published on 09/22/2026 at 12:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stora Enso stock closed at EUR 10.58 on September 21, 2026, while Jefferies lifted its target from EUR 12.15 to EUR 12.50. Third-quarter EBIT is seen at EUR 146 million.

Stora Enso, FI0009005961, Illustration mit AI erstellt.

Stora Enso stock (ISIN FI0009005961) closed at EUR 10.58 on Nasdaq Helsinki on September 21, 2026, up 1.20 percent in the latest quoted session. The immediate catalyst was a Jefferies target increase from EUR 12.15 to EUR 12.50, although the broker's third-quarter EBIT estimate of EUR 146 million is 8 percent below consensus.

Jefferies lifts its target

According to MarketScreener on September 22, 2026, Jefferies reiterated its Buy rating and raised the target price to EUR 12.50 from EUR 12.15. The EUR 0.35 increase represents a 2.9 percent step-up from the previous target, while the new target stands 18.1 percent above the September 21 closing price.

The estimate is not uniformly positive. Jefferies expects third-quarter operating profit of EUR 146 million, 8 percent below market consensus, before forecasting EUR 176 million for the fourth quarter. The implied EUR 30 million sequential increase gives the market a specific recovery benchmark for the final quarter of 2026.

Recovery depends on costs and kraftliner

MarketScreener reported on September 22, 2026 that Jefferies linked the expected fourth-quarter improvement to higher kraftliner prices. The broker also cited cost measures estimated at EUR 500 million to EUR 700 million and the ramp-up of the Oulu site as factors that could support operating performance.

That combination creates a clear tension in the current setup: the target moved higher, but the near-term EBIT estimate remains below consensus. For investors, the comparison between EUR 146 million in the third quarter and EUR 176 million in the fourth quarter is more informative than the target change alone because it tests whether pricing and efficiency measures can offset pressure in the next reported periods.

Stock remains mid-range

Stora Enso stock traded at EUR 10.63 on Nasdaq Helsinki on September 20, 2026, compared with an official close of EUR 10.64 on September 18, 2026. The reported 52-week range was EUR 8.56 to EUR 11.96 as of September 20, placing the quoted level EUR 1.05 below the high and EUR 2.07 above the low.

The range shows why the target revision is not equivalent to a breakout signal. The share price remains EUR 1.33 below Jefferies' revised target, while the broker's below-consensus third-quarter estimate points to execution risk before the projected fourth-quarter recovery.

Stora Enso stock closes at EUR 10.58

Stora Enso stock closed at EUR 10.58 on Nasdaq Helsinki on September 21, 2026, with the latest quoted daily change at plus 1.20 percent. The primary listing is in euros on Nasdaq Helsinki, and the 52-week range stood at EUR 8.56 to EUR 11.96 as of September 20, 2026.