Top of the Street: Boliden, Stora Enso, Schindler

Schindler Holding AG

21/07/2025 13:16

A round-up of notable broker activity this morning from Europe's top-ranked* analysts:

** Berenberg upgrades Swedish miner Boliden BOL.ST to "buy" from "hold," citing signs of operational stability and the potential for sustained cash flow generation

** Inderes cuts Stora Enso STERV.HE to "reduce" from "accumulate" as indirect effects from the trade war has further weakened its near-term outlook for its industrial portfolio

** Kepler Chevreux raises Schindler SCHP.S to "hold" from "reduce" as US commercial construction market indicators leads them to soften their bearish expectations on the negative effects of the trade war on the company

(*Analyst rankings from Thomson Reuters StarMine. The scale is from 1-star to 5-star with 5 being the best. Analysts are ranked on earnings accuracy as well as relative performance of recommendations over trailing 12-month & 24-month periods.)

 (Reporting by Leo Marchandon and Agnieszka Olenska)