SSAB AB (publ) - SSAAY Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $71.00
  • Forecasted Upside: 2,426.69 %
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$2.81
▲ +0.1 (3.69%)

This chart shows the closing price for SSAAY by one month, three months, or twelve months.

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Analyst Price Target for SSAAY

Analyst Price Target is $71.00
▲ +2,426.69% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for SSAB AB (publ) in the last 3 months. The average price target is $71.00, with a high forecast of $83.00 and a low forecast of $58.00. The average price target represents a 2,426.69% upside from the last price of $2.81.

This chart shows the closing price for SSAAY for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 investment analysts is to hold stock in SSAB AB (publ). This rating has held steady since September 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 2 sell ratings
6/9/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 2 sell ratings
9/7/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/6/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/6/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/4/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/2/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
11/1/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/1/2022

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/14/2022JPMorgan Chase & Co.Lower TargetOverweight ➝ OverweightSEK 60 ➝ SEK 58
10/21/2022Oddo BhfUpgradeUnderperform ➝ Neutral
10/10/2022Deutsche Bank AktiengesellschaftBoost TargetSEK 61 ➝ SEK 63
9/28/2022JPMorgan Chase & Co.Lower TargetOverweight ➝ OverweightSEK 66 ➝ SEK 60
7/25/2022JPMorgan Chase & Co.Boost TargetOverweight ➝ OverweightSEK 60 ➝ SEK 61
6/22/2022JPMorgan Chase & Co.Lower TargetOverweight ➝ OverweightSEK 77 ➝ SEK 68
6/14/2022DanskeDowngradeHold ➝ Sell
4/29/2022Kepler Capital MarketsUpgradeHold ➝ BuySEK 65 ➝ SEK 80
4/27/2022JPMorgan Chase & Co.Boost TargetOverweight ➝ OverweightSEK 76 ➝ SEK 77
4/14/2022Deutsche Bank AktiengesellschaftBoost TargetHold ➝ HoldSEK 59 ➝ SEK 63
4/11/2022Morgan StanleyBoost TargetSEK 82 ➝ SEK 83
1/14/2022JPMorgan Chase & Co.Lower TargetSEK 49.80 ➝ SEK 49.60
11/1/2021CitigroupReiterated RatingBuy
10/28/2021Morgan StanleyReiterated RatingOverweight
10/26/2021Deutsche Bank AktiengesellschaftReiterated RatingBuy
10/26/2021JPMorgan Chase & Co.Reiterated RatingOverweight
10/26/2021BarclaysReiterated RatingOverweight
10/22/2021Credit Suisse GroupReiterated RatingOutperform
10/13/2021JPMorgan Chase & Co.Reiterated RatingOverweight
9/15/2021Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy
9/14/2021BarclaysReiterated RatingOverweight
7/26/2021Morgan StanleyReiterated RatingOverweight
7/22/2021Deutsche Bank AktiengesellschaftReiterated RatingHold
7/22/2021UBS GroupReiterated RatingBuy
7/22/2021JPMorgan Chase & Co.Reiterated RatingOverweight
7/22/2021BarclaysReiterated RatingOverweight
7/14/2021BarclaysInitiated CoverageOverweight
7/8/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
6/29/2021Deutsche Bank AktiengesellschaftReiterated RatingHold
6/23/2021Oddo BhfUpgradeNeutral ➝ Outperform
6/22/2021Morgan StanleyReiterated RatingOverweight
4/27/2021CitigroupReiterated RatingBuy
4/27/2021JPMorgan Chase & Co.Reiterated RatingNeutral
4/27/2021Deutsche Bank AktiengesellschaftReiterated RatingHold
4/27/2021AlphaValueUpgradeReduce
4/15/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral
4/14/2021Oddo BhfDowngradeOutperform ➝ Neutral
3/24/2021Morgan StanleyUpgradeEqual Weight ➝ Overweight
3/22/2021The Goldman Sachs GroupInitiated CoverageBuy
2/3/2021Morgan StanleyReiterated RatingEqual Weight
2/2/2021JPMorgan Chase & Co.Reiterated RatingUnderweight
2/1/2021Deutsche Bank AktiengesellschaftReiterated RatingHold
2/1/2021Credit Suisse GroupReiterated RatingOutperform
1/19/2021Morgan StanleyReiterated RatingEqual Weight
1/18/2021Exane BNP ParibasUpgradeNeutral ➝ Outperform
1/18/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform
11/17/2020DanskeDowngradeBuy ➝ Hold
10/16/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight
7/14/2020JPMorgan Chase & Co.Reiterated RatingNeutral
6/23/2020Morgan StanleyReiterated RatingEqual Weight
(Data available from 12/1/2017 forward)

News Sentiment Rating

0.84 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/5/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/4/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/4/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/3/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/2/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/2/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/1/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/1/2022

Current Sentiment

  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
SSAB AB (publ) logo
SSAB AB (publ) produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and hot-rolled advanced high-strength steel products. The SSAB Europe segment provides strip, plate, and tubular products. The SSAB Americas segment offers heavy steel plates. The Tibnor segment distributes a range of steel and non-ferrous metals in the Nordic region and the Baltics. The Ruukki Construction segment produces and sells building and construction products and services for residential and non-residential construction. The company markets its steel products under the Strenx, Hardox, Docol, GreenCoat, Toolox, Armox, Duroxite, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering and Cor-Ten, and SSAB Multisteel brands. It serves the heavy transport, construction, automotive, industrial, construction machinery, energy, material handling, and service center industries. The company has a collaboration agreement with Faurecia S.E. to deliver fossil-free steel for automotive seat structures. SSAB AB (publ) was founded in 1878 and is headquartered in Stockholm, Sweden.
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Today's Range

Now: $2.81
Low: $2.79
High: $2.81

50 Day Range

MA: $2.48
Low: $2.20
High: $2.81

52 Week Range

Now: $2.81
Low: $2.03
High: $4.03

Volume

208 shs

Average Volume

3,420 shs

Market Capitalization

$5.79 billion

P/E Ratio

2.27

Dividend Yield

7.39%

Beta

1.27

Frequently Asked Questions

What sell-side analysts currently cover shares of SSAB AB (publ)?

The following equities research analysts have issued reports on SSAB AB (publ) in the last year: Danske, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Kepler Capital Markets, Morgan Stanley, and Oddo Bhf.
View the latest analyst ratings for SSAAY.

What is the current price target for SSAB AB (publ)?

4 Wall Street analysts have set twelve-month price targets for SSAB AB (publ) in the last year. Their average twelve-month price target is $71.00, suggesting a possible upside of 2,426.7%. Morgan Stanley has the highest price target set, predicting SSAAY will reach $83.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $58.00 for SSAB AB (publ) in the next year.
View the latest price targets for SSAAY.

What is the current consensus analyst rating for SSAB AB (publ)?

SSAB AB (publ) currently has 1 sell rating, 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SSAAY, but not buy more shares or sell existing shares.
View the latest ratings for SSAAY.

What other companies compete with SSAB AB (publ)?

How do I contact SSAB AB (publ)'s investor relations team?

SSAB AB (publ)'s physical mailing address is Klarabergsviadukten 70 D6 PO Box 70, Stockholm V7, 10121. The basic materials company's listed phone number is (468) 454-5700 and its investor relations email address is [email protected] The official website for SSAB AB (publ) is www.ssab.com. Learn More about contacing SSAB AB (publ) investor relations.