SB1 Markets lifts target for Beijer Ref stock to SEK 200.00
Published on 10/15/2026 at 19:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- On October 14, 2026, SB1 Markets raised its Beijer Ref target to SEK 200.00.
- The next interim report is scheduled for October 22, 2026, with revenue expected at SEK 10.80 billion.
- Beijer Ref stock costs EUR 13.24 at Lang & Schwarz on October 15, 2026 at 7:07 p.m. CEST, down 1.86 percent versus the October 14 Nasdaq Stockholm prior close.
- Beijer Ref has a price-to-earnings ratio of 31.74 as of October 15, 2026.
SB1 Markets raised its target for Beijer Ref from SEK 191.00 to SEK 200.00 on October 14, 2026, according to MarketScreener. Against the October 15 Nasdaq Stockholm price of SEK 147.90, the new target stands 35.23 percent higher. At Lang & Schwarz, Beijer Ref was trading at EUR 13.24 on October 15, 2026 at 7:07 p.m. CEST, down 1.86 percent on Nasdaq Stockholm versus the October 14 prior close.
What does the target imply?
The target revision puts the next reporting date at the center of the stock's valuation discussion. SB1 Markets expects organic growth of 3.60 percent in the third quarter and adjusted EBITA of SEK 1.273 billion, which it placed 1.10 percent above consensus, according to MarketScreener. The firm also cited a 2027 EV-to-EBITA multiple of 15.50 times for Beijer Ref against 17.00 times for its peer group.
Price position on October 15
The Nasdaq Stockholm price was SEK 147.90 on October 15, 2026 at 5:29 p.m. CEST, with 702,694 shares traded against an average volume of 897,959. The session price stood 7.79 percent below the 52-week high of SEK 160.40 and 21.29 percent above the 52-week low of SEK 121.95. The current price was down 1.86 percent on the day.
On October 9, 2026, Beijer Ref completed its acquisition of Refra, an event listed in the company's recent release history. The company describes its operations as refrigeration, air conditioning and heating distribution across 45 countries, with more than 500 branches and over 6,000 employees, according to its investor-relations information.
Valuation and October 22 report
Beijer Ref had a market capitalization of SEK 75.0 billion and a price-to-earnings ratio of 31.74 on October 15, 2026. The next interim report is scheduled for October 22, 2026, covering the quarter ended September 30, 2026. finanzen.ch reported that seven analysts expected quarterly revenue of SEK 10.80 billion, up from SEK 9.73 billion in the year-earlier quarter, an 11.04 percent increase.
Comparison with peers
Beijer Ref: minus 1.86 percent, P/E 31.74, market capitalization SEK 75.0 billion
Alfa Laval (Nasdaq Stockholm, SEK): minus 2.79 percent, P/E 28.81, market capitalization SEK 236.2 billion
NIBE Industrier (Nasdaq Stockholm, SEK): minus 0.27 percent, P/E 33.86, market capitalization SEK 88.5 billion
Stock stays below analyst target
The target and the scheduled report give the stock two dated reference points, while the current valuation remains above the peer multiple of Alfa Laval and below that of NIBE Industrier. At Lang & Schwarz, Beijer Ref was trading at EUR 13.24 on October 15, 2026 at 7:07 p.m. CEST, down 1.86 percent on Nasdaq Stockholm versus the October 14 prior close. The further course of trading is shown by the continuously updated real-time quote of Beijer Ref stock.
Beijer Ref market data
- Company: Beijer Ref AB (publ)
- ISIN: SE0015949748
- Ticker: BEIJ B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 15, 2026, 7:07 p.m. CEST): EUR 13.24
- Change on Nasdaq Stockholm versus October 14 prior close: minus 1.86 percent
- Market capitalization: SEK 75.0 billion (as of October 15, 2026)
- 52-week range: SEK 121.95-160.40 (as of October 15, 2026)
- Sector / Industry: Industrials / Industrial distribution
- Next earnings date: October 22, 2026
Market context: Market report OMXS30.
