TW1 <GO>TARGET WATCH2 <GO>MARKETLIVE
API
BE Berenberg logotyp

Berenberg

Hit rate (12 months)

55.2 %

the price reached the target within 12 months

Direction accuracy

44.3 %

the stock moved in the direction the target implied

Median error

23.3 %

median deviation from the 12-month outcome

Evaluable targets

203

targets at least 12 months old

Each published price target is measured against the share price over the following 12 months. Both upward and downward targets count as hits. Read about the method

Development over time

Hit rate per year

44.1 %
202134 price targets
52.5 %
202261 price targets
68.8 %
202332 price targets
65.6 %
202432 price targets
50 %
2025*44 price targets

* partial year: only targets at least 12 months old are counted

Bias per year

–202127 price targets
+1.1 %202252 price targets
−0.7 %202334 price targets
−4.3 %202437 price targets
−2.3 %202580 price targets
+0.8 %2026113 price targets

years with fewer than 30 targets are shown without a figure Read about the method

Sector strengthhit rate by sector · the line marks the house average 55.2 %

Industrials
56.4 %+1n=39
Consumer Cyclical
55.3 %±0n=38

only sectors with at least 30 evaluated targets are shown Read about the method

Where does Berenberg hit?

Where does Berenberg miss?

stocks with at least 5 evaluated targets are shown Read about the method

Bias: optimistic or conservative?

In line +0.6 %

Targets are in line with other houses' targets for the same stock (n=148, last 12 months).

−10 %
Conservative±2 %
In line+10 %
Optimistic

The comparison uses each other house's latest target within 30 days. Houses scoring high have historically reached their upward targets less often. Read about the method

Evaluated price targets

targets at least 12 months old · newest first

  • NKT 2025-09-15 · 650 DKK ↑
    Hit after 18 days
  • Inwido 2025-09-12 · 228 SEK ↑
    Missed
  • Coloplast 2025-09-05 · 650 DKK ↑
    Missed
  • Kymmene 2025-08-29 · 21 EUR ↓
    Missed
  • Stora Enso 2025-08-29 · 114.97 SEK ↑
    Hit after 75 days
  • SCA 2025-08-29 · 150 SEK ↑
    Missed
  • Ørsted 2025-08-28 · 225 DKK ↑
    Missed
  • Surgical Science 2025-08-27 · 120 SEK ↑
    Missed
  • Novonesis 2025-08-22 · 465 DKK ↑
    Missed
  • Yubico 2025-08-15 · 145 SEK ↑
    Hit after 10 days
  • Hacksaw 2025-08-05 · 100 SEK ↓
    Hit after 1 days
  • H&M 2025-08-01 · 112 SEK ↓
    Missed
  • Alimak 2025-07-28 · 180 SEK ↑
    Missed
  • Troax 2025-07-25 · 200 SEK ↑
    Missed
  • AAK 2025-07-25 · 288 SEK ↑
    Missed
  • Evolution 2025-07-24 · 700 SEK ↓
    Hit after 91 days
  • Engcon 2025-07-22 · 100 SEK ↑
    Missed
  • ISS 2025-07-17 · 234 DKK ↑
    Hit after 181 days
  • Avanza 2025-07-16 · 350 SEK ↓
    Hit after 13 days
  • Tryg 2025-07-15 · 170 DKK ↑
    Missed
Show more (40)
  • Lagercrantz 2025-07-03 · 270 SEK ↑
    Missed
  • Tryg 2025-07-02 · 165 DKK ↑
    Hit after 47 days
  • Sampo 2025-07-02 · 11.2 EUR ↑
    Missed
  • Gjensidige Forsikring 2025-07-02 · 265.12 NOK ↑
    Hit after 9 days
  • Munters 2025-07-01 · 140 SEK ↑
    Hit after 29 days
  • Zealand Pharma 2025-06-27 · 850 DKK ↑
    Missed
  • Novonesis 2025-06-27 · 530 DKK ↑
    Missed
  • Nordic Semiconductor 2025-06-18 · 165 NOK ↑
    Hit after 58 days
  • Yubico 2025-06-03 · 160 SEK ↑
    Missed
  • Surgical Science 2025-05-30 · 150 SEK ↑
    Hit after 6 days
  • Nordnet 2025-05-16 · 280 SEK ↑
    Hit after 98 days
  • Evolution 2025-05-02 · 662 SEK ↓
    Hit after 5 days
  • AAK 2025-05-02 · 277 SEK ↑
    Hit after 88 days
  • Sobi 2025-04-30 · 370 SEK ↑
    Hit after 281 days
  • Hexpol 2025-04-30 · 99 SEK ↑
    Missed
  • Dometic 2025-04-28 · 55 SEK ↑
    Hit after 113 days
  • Avanza 2025-04-28 · 330 SEK ↑
    Hit after 7 days
  • Sobi 2025-04-16 · 360 SEK ↑
    Hit after 295 days
  • Beijer Ref 2025-04-16 · 165 SEK ↑
    Hit after 99 days
  • Sdiptech 2025-04-15 · 230 SEK ↑
    Hit after 28 days
  • Lagercrantz 2025-04-11 · 250 SEK ↑
    Missed
  • Boliden 2025-04-03 · 350 SEK ↑
    Hit after 173 days
  • Hexpol 2025-03-26 · 110 SEK ↑
    Missed
  • Evolution 2025-02-04 · 785 SEK ↓
    Hit after 35 days
  • Evolution 2025-01-21 · 910 SEK ↑
    Missed
  • Sobi 2024-10-29 · 400 SEK ↑
    Missed
  • Nordnet 2024-10-29 · 225 SEK ↑
    Hit after 6 days
  • Hexpol 2024-10-29 · 118 SEK ↑
    Missed
  • Mips 2024-09-30 · 500 SEK ↓
    Hit after 37 days
  • Telia 2024-09-25 · 29 SEK ↓
    Missed
  • Dometic 2024-09-19 · 85 SEK ↑
    Missed
  • Boliden 2024-09-13 · 270 SEK ↓
    Hit after 208 days
  • Sobi 2024-08-13 · 325 SEK ↑
    Hit after 31 days
  • Nordnet 2024-07-26 · 230 SEK ↑
    Hit after 34 days
  • AAK 2024-07-24 · 275 SEK ↓
    Hit after 257 days
  • Boliden 2024-07-22 · 300 SEK ↓
    Hit after 15 days
  • Munters 2024-07-18 · 215 SEK ↓
    Hit after 15 days
  • Handelsbanken 2024-07-18 · 98 SEK ↓
    Missed
  • Avanza 2024-07-17 · 230 SEK ↓
    Hit after 19 days
  • Telia 2024-07-05 · 28 SEK ↓
    Missed
See all 204 evaluated targets since 2021

The arrow shows the target's direction. Both upward and downward targets count as hits. Read about the method

Price targets from Berenberg

Chemometec (CHEMM)
Upside
+22.72%
Target
640.00 SEK
Date
Sep 17, 2026
ISS (ISS)
Upside
+25.08%
Target
370.00 SEK
Date
Sep 16, 2026
Neste (NESTE)
Upside
+16.58%
Target
40.00 SEK
Date
Sep 16, 2026
Astra Zeneca (AZN)
Upside
+21.54%
Target
1976.85 SEK
Date
Sep 15, 2026
Autostore (AUTO)
Upside
+29.62%
Target
20.00 SEK
Date
Sep 8, 2026
Epiroc (EPI-A)
Upside
+13.19%
Target
290.00 SEK
Date
Aug 27, 2026
Sandvik (SAND)
Upside
+11.23%
Target
415.00 SEK
Date
Aug 27, 2026
Vestas (VWS)
Upside
+14.12%
Target
240.00 SEK
Date
Aug 27, 2026
Metso (METSO)
Upside
+19.73%
Target
21.00 SEK
Date
Aug 27, 2026
Novonesis (NSIS-B)
Upside
+17.15%
Target
500.00 SEK
Date
Aug 21, 2026
Surgical Science (SUS)
Upside
+24.28%
Target
60.00 SEK
Date
Aug 20, 2026
NTG Nordic Transport Group (NTG)
Upside
+17.86%
Target
330.00 SEK
Date
Aug 18, 2026
Novo Nordisk (NOVO-B)
Upside
+9.18%
Target
305.00 SEK
Date
Aug 12, 2026
Yubico (YUBICO)
Upside
-37.14%
Target
60.00 SEK
Date
Aug 7, 2026
Subsea 7 (SUBC)
Upside
+25.53%
Target
415.00 SEK
Date
Aug 5, 2026
Sobi (SOBI)
Upside
+25.62%
Target
560.00 SEK
Date
Aug 4, 2026
Sdiptech (SDIP-B)
Upside
+17.60%
Target
290.00 SEK
Date
Jul 29, 2026
Munters (MTRS)
Upside
+46.20%
Target
200.00 SEK
Date
Jul 28, 2026
Inwido (INWI)
Upside
+31.15%
Target
240.00 SEK
Date
Jul 28, 2026
Bergman & Beving (BERG-B)
Upside
+46.95%
Target
385.00 SEK
Date
Jul 28, 2026
Alimak (ALIG)
Upside
+36.14%
Target
165.00 SEK
Date
Jul 27, 2026
Engcon (ENGCON-B)
Upside
+4.70%
Target
78.00 SEK
Date
Jul 27, 2026
AAK (AAK)
Upside
+16.63%
Target
230.00 SEK
Date
Jul 23, 2026
Boliden (BOL)
Upside
-1.74%
Target
530.00 SEK
Date
Jul 23, 2026
Equinor (EQNR)
Upside
-19.53%
Target
335.00 SEK
Date
Jul 23, 2026
Kemira (KEMIRA)
Upside
+3.75%
Target
18.00 SEK
Date
Jul 23, 2026
Nordnet (SAVE)
Upside
+21.84%
Target
415.00 SEK
Date
Jul 21, 2026
Evolution (EVO)
Upside
-33.33%
Target
600.00 SEK
Date
Jul 21, 2026
Borregaard (BRG)
Upside
+10.89%
Target
165.00 SEK
Date
Jul 20, 2026
Aker BP (AKRBP)
Upside
-7.53%
Target
340.00 SEK
Date
Jul 16, 2026
Dometic (DOM)
Upside
+103.25%
Target
45.00 SEK
Date
Jul 15, 2026
Avanza (AZA)
Upside
+2.54%
Target
400.00 SEK
Date
Jul 15, 2026
Troax (TROAX)
Upside
-22.18%
Target
120.00 SEK
Date
Jul 10, 2026
Lagercrantz (LAGR-B)
Upside
+32.66%
Target
290.00 SEK
Date
Jul 9, 2026
Tryg (TRYG)
Upside
+3.83%
Target
160.00 SEK
Date
Jun 25, 2026
Zealand Pharma (ZEAL)
Upside
+6.04%
Target
300.00 SEK
Date
Jun 17, 2026
Telia (TELIA)
Upside
-16.48%
Target
40.00 SEK
Date
Jun 15, 2026
Telenor (TEL)
Upside
+16.01%
Target
158.00 SEK
Date
Jun 11, 2026
Mowi (MOWI)
Upside
+20.81%
Target
245.00 SEK
Date
May 19, 2026
Ørsted (ORSTED)
Upside
+43.44%
Target
195.00 SEK
Date
May 7, 2026
Beijer Ref (BEIJ-B)
Upside
+22.30%
Target
170.00 SEK
Date
Apr 24, 2026
Salmar (SALM)
Upside
+6.67%
Target
600.00 SEK
Date
Mar 25, 2026
Carlsberg (CARL-B)
Upside
+27.60%
Target
1090.00 SEK
Date
Mar 16, 2026
Royal Unibrew (RBREW)
Upside
+62.84%
Target
681.00 SEK
Date
Mar 16, 2026
NKT (NKT)
Upside
-11.43%
Target
825.00 SEK
Date
Mar 12, 2026
Kymmene (UPM)
Upside
-14.77%
Target
22.50 SEK
Date
Mar 11, 2026
Elisa (ELISA)
Upside
+29.87%
Target
50.00 SEK
Date
Mar 6, 2026
SCA (SCA-B)
Upside
+3.31%
Target
125.00 SEK
Date
Mar 2, 2026
Karnov Group (KAR)
Upside
+50.52%
Target
115.00 SEK
Date
Feb 24, 2026
Hacksaw (HACK)
Upside
-2.44%
Target
90.00 SEK
Date
Feb 23, 2026
Rockwool (ROCK-B)
Upside
+24.46%
Target
230.00 SEK
Date
Feb 11, 2026
Tele2 (TEL2-B)
Upside
-15.73%
Target
146.00 SEK
Date
Feb 4, 2026
Hexpol (HPOL-B)
Upside
-22.43%
Target
74.00 SEK
Date
Feb 3, 2026
Hexagon (HEXA-B)
Upside
+10.18%
Target
105.00 SEK
Date
Feb 2, 2026
H&M (HM-B)
Upside
-17.83%
Target
135.00 SEK
Date
Jan 30, 2026
Gjensidige Forsikring (GJF)
Upside
+4.38%
Target
292.27 SEK
Date
Jan 30, 2026
Coloplast (COLO-B)
Upside
+52.34%
Target
640.00 SEK
Date
Jan 23, 2026
Mildef (MILDEF)
Upside
-18.94%
Target
190.00 SEK
Date
Jan 16, 2026
Nordic Semiconductor (NOD)
Upside
-3.37%
Target
172.00 SEK
Date
Oct 30, 2025
Trifork (TRIFOR)
Upside
-5.66%
Target
100.00 SEK
Date
Sep 25, 2025
Embla (EMBLA)
Upside
+47.06%
Target
40.00 SEK
Date
Sep 18, 2025
Stora Enso (STE-R)
Upside
-4.19%
Target
114.97 SEK
Date
Aug 29, 2025
Sampo (SAMPO)
Upside
+17.75%
Target
11.20 SEK
Date
Jul 2, 2025
Vaisala (VAIAS)
Upside
+1.42%
Target
57.00 SEK
Date
Apr 4, 2025
Mips (MIPS)
Upside
+30.28%
Target
500.00 SEK
Date
Sep 30, 2024
Handelsbanken (SHB-A)
Upside
-36.79%
Target
98.00 SEK
Date
Jul 18, 2024
SEB (SEB-A)
Upside
-37.96%
Target
143.00 SEK
Date
Apr 30, 2024
Autoliv (ALIV-SDB)
Upside
+6.53%
Target
1224.00 SEK
Date
Jan 12, 2024
Husqvarna (HUSQ-B)
Upside
+120.69%
Target
80.00 SEK
Date
Nov 9, 2023
Biotage (BIOT)
Upside
+11.73%
Target
160.00 SEK
Date
Sep 28, 2023
Swedbank (SWED-A)
Upside
-41.00%
Target
240.00 SEK
Date
Jun 15, 2023
Viaplay Group (VPLAY-B)
Upside
+6690.56%
Target
95.00 SEK
Date
Jun 7, 2023
Atlas Copco (ATCO-A)
Upside
-17.15%
Target
165.00 SEK
Date
May 3, 2023
Powercell (PCELL)
Upside
+784.09%
Target
180.00 SEK
Date
Feb 13, 2023
Stillfront (SF)
Upside
+406.51%
Target
35.00 SEK
Date
Feb 8, 2023
Embracer (EMBRAC-B)
Upside
+29.66%
Target
110.00 SEK
Date
Feb 8, 2023
Essity (ESSITY-B)
Upside
+9.35%
Target
289.00 SEK
Date
Jan 19, 2023
Scandic Hotels (SHOT)
Upside
-50.62%
Target
44.00 SEK
Date
Nov 21, 2022
Betsson (BETS-B)
Upside
-26.34%
Target
72.00 SEK
Date
Nov 14, 2022
Kindred (KIND-SDB)
Upside
-7.05%
Target
120.00 SEK
Date
Nov 14, 2022
Assa Abloy (ASSA-B)
Upside
-27.77%
Target
250.00 SEK
Date
Nov 8, 2022
Sinch (SINCH)
Upside
-35.12%
Target
30.00 SEK
Date
Jul 26, 2022
SKF (SKF-B)
Upside
-21.93%
Target
215.00 SEK
Date
Jul 12, 2022
Ambea (AMBEA)
Upside
-57.02%
Target
75.00 SEK
Date
Jul 6, 2022
Nilar (NILAR)
Upside
+9515.38%
Target
5.00 SEK
Date
May 19, 2022
Paradox (PDX)
Upside
+16.13%
Target
180.00 SEK
Date
May 13, 2022
Kambi (KAMBI)
Upside
+41.86%
Target
265.00 SEK
Date
May 5, 2022
Boozt (BOOZT)
Upside
+17.69%
Target
169.00 SEK
Date
Nov 18, 2021
Nordea (NDA-SE)
Upside
-40.45%
Target
120.00 SEK
Date
Sep 30, 2021
Nibe (NIBE-B)
Upside
+179.20%
Target
120.00 SEK
Date
Aug 25, 2021
BHG (BHG)
Upside
+665.05%
Target
155.00 SEK
Date
Jul 30, 2021
Getinge (GETI-B)
Upside
+59.20%
Target
380.00 SEK
Date
Jul 21, 2021
ABB (ABB)
Upside
-75.57%
Target
231.66 SEK
Date
Feb 8, 2021