Inderes lowers Pihlajalinna to accumulate, target price EUR 14.5
Bildkälla: Stockfoto

Inderes lowers Pihlajalinna to accumulate, target price EUR 14.5

Inderes lowers the recommendation to accumulate from buy for Pihlajalinna and cuts the target price to EUR 14.50, from the previous EUR 17.00.

Estimates are revised down and the company is expected to show a clear decline in revenue and earnings in the first quarter after completed outsourcing contracts and weak demand.

Forecasts for operating profit are lowered by about 5 percent. The valuation is still assessed as low, with a P/E ratio of around 9 for 2026.
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