Epiroc AB target lifted by SEB, shares stay in focus on Stockholm
Published on 06/29/2026 at 12:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-29, 10:55.
Epiroc AB (SE0015658109) has caught renewed analyst attention after SEB raised its price target to 298 Swedish kronor and reiterated a buy rating, as reported by MarketScreener based on the bank's latest update. The shares trade on Nasdaq Stockholm, where the stock has delivered a double-digit gain so far this year according to the same data.
SEB lifts target and keeps buy stance
According to a 29 June note summarized by MarketScreener, SEB has increased its price target for Epiroc AB from 292 kronor to 298 kronor while maintaining a buy recommendation. The updated target implies upside versus the closing share price of around 258 kronor cited in the same report.
The SEB move follows a period of solid share performance, with Epiroc reported as gaining more than 20 percent year to date based on MarketScreener's performance table. The bank highlights the company’s positioning in mining and construction equipment, a segment that has benefited from sustained investment cycles in commodities and infrastructure.
Analyst consensus and valuation picture
Beyond SEB, Epiroc AB is covered by a broader analyst community that tracks the stock’s fundamentals and valuation on Nasdaq Stockholm. MarketScreener’s overview shows a mix of buy and hold ratings, with the average target price placed above the current trading level, indicating that several houses still see upside potential.
On the valuation side, the same consensus snapshot points to a forward price-to-earnings multiple that reflects Epiroc’s status as a quality industrial within the global capital-goods universe. Comparables in the sector include peers such as Sandvik, which also serves mining and construction customers and is a key industrial name in Sweden.
All news and analysis on the Epiroc AB shares
Track fresh analyst opinions, key figures and historical price data for the Epiroc AB listing on Nasdaq Stockholm.
The equipment behind the Epiroc name
Epiroc AB generates its revenue by supplying equipment, consumables and services for drilling, excavation and rock reinforcement in mining, infrastructure and natural-resources projects. The portfolio spans underground and surface drill rigs, loaders, haul trucks and rock-drilling tools used in mines and large construction sites worldwide.
Where the Epiroc shares trade today
The Epiroc AB shares (SE0015658109) last traded on Nasdaq Stockholm at 258.30 Swedish kronor on 2026-06-29, 09:30, according to MarketScreener price data.
Key data on the Epiroc AB shares
- Company: Epiroc AB
- ISIN: SE0015658109
- WKN: A2QF4S
- Ticker: EPI A
- Trading venue: Nasdaq Stockholm
- Price (as of 2026-06-29, 09:30): 258.30 SEK
- Market cap: 310.0 billion SEK (as of 2026-06-29)
- Sector / industry: Capital Goods / Construction & Mining Equipment
- Index membership: OMX Stockholm 30
- Next earnings date: 2026-07-19
This article is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell any securities.
Disclaimer regarding our articles: No investment advice, no buy or sell recommendation. Information on prices, companies, and markets is provided without guarantee; changes are possible at any time. Stock market transactions can lead to substantial losses. Our articles are created and reviewed in whole or in part automatically with the support of AI.
