Analyst Price Target is $152.14
▲ +685.62% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for AB SKF (publ) in the last 3 months. The average price target is $152.14, with a high forecast of $205.00 and a low forecast of $115.00. The average price target represents a 685.62% upside from the last price of $19.37.
Current Consensus is
Hold
The current consensus among 11 polled investment analysts is to hold stock in AB SKF (publ). This Hold consensus rating has held steady for over two years.
SKF AB engages in the manufacture of machine and rotating equipment. It operates through the Industrial and Automotive segments. The Industrial segment comprises of Industrial Sales Americas, Industrial Sales Europe and Middle East and Africa, Industrial Sales Asia, Industrial Units, Bearing Operations, and Aerospace. The Automotive segment provides a range of products, solutions, and services to manufacturers of cars, light trucks, heavy trucks, trailers, buses, two-wheelers, and the vehicle aftermarket. The company offers bearings, seals, lubrication management, condition monitoring, and maintenance services. Its products are used in other variety of rotating applications, such as wind and ocean power, to heavy industries like mining, metal, and pulp and paper; and commercial vehicles such as bicycles, skateboards; and household appliances. SKF was founded by Sven Wingquist on February 16, 1907 and is headquartered in Gothenburg, Sweden.
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