The worst could be behind us: reiterate BUY

Konecranes (Buy, TP: EUR75.00) - Holding up nicely

We reiterate our BUY and EUR75 target price after tweaking our estimates following the Q1 results (better orders, and close but mixed earnings divisionally). We continue to like Konecranes’ quality and valuation.

Q1 results below, CEO to leave end of 2025

Avanza Bank Holding AB: 1 director

A director at Avanza Bank Holding AB bought 1,500 shares at 313.130SEK and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two year...

Heads-up for report 7 May

Weathering the weather

Nokian Tyres (Hold, TP: EUR6.30) - No clear road

While we acknowledge Nokian Tyres’ ‘local-to-local’ approach in the US may shelter it from worst tariff impacts, we believe increased uncertainty on consumer sentiment in North America could lead to weaker demand for its high-value premium range in the short term, raising the risk of fixed-cost under-absorption and partly offsetting potentially better EBIT drop-through from Romania (Q2 onwards). We reiterate our HOLD, but have cut our target price to EUR6.3 (6.7), following a c9% clean EBIT cut ...