Billerud — Analysts raise targets, insiders buy after Q2 beat
Billerud is seeing a wave of analyst upgrades and insider buying following its stronger-than-expected Q2 2026 report.
Handelsbanken raised its target to SEK 84 (75), reiterating Buy. DNB Carnegie lifted its target to SEK 80 (73), also reiterating Buy. Pareto Securities raised its target to SEK 94 (92), reiterating Buy. SEB raised its target to SEK 91 (88), reiterating Buy. Citigroup raised its target to SEK 75 (66) but kept its Neutral rating.
On the insider front, three executives and board members purchased shares in the days following the report.
Doug Schwartz, Head of North America, bought 5,020 shares at SEK 69.21, a transaction worth approximately SEK 347,400, bringing his total holding to 22,944 shares. Brian Boland, VP North America, bought 1,500 shares at SEK 69.21 (SEK 103,800), bringing his holding to 4,115 shares.
Board member Bernd Eikens — who joined the board at the AGM in May — made his first purchase in the company, buying 3,843 shares at €6.51 on Tradegate Exchange, worth approximately €25,000.
All transactions were reported to Sweden’s financial regulator Finansinspektionen.