Kepler raises Intrum, deems 16% fall after Q3 'excessive'

Intrum AB

31/10/2025 09:34

** Kepler Cheuvreux raises Intrum INTRUM.ST to "hold" from "reduce" citing an "excessively negative" price reaction to seasonally weak Q3

** The stock fell 16% on Thursday after the results

** The broker says even small deviations in earnings have a major effect on the stock due to its high debt/equity ratio

** It expects new financial targets to be presented with Q4 report which may lead to further forecast adjustments

** "The biggest risk for the stock continues to be the high loan-to-value, which also makes the company sensitive to interest rate changes," Kepler says

 (Reporting by Vera Dvorakova)

 ((vera.dvorakova@thomsonreuters.com))