SB1 Markets reiterates Neutral for car dealership company Bilia with a price target of SEK 150 ahead of Q3.
The bank expects operating profit of SEK 367 million, up 18 percent, driven by improved profitability within Service and deliveries from the order book.
Forecasts for the group’s operating profit in 2026-2028 are raised by 2 percent but remain 3 percent below consensus.
The price target is based on 9.5 times EV/operating profit for 2027, below the median of 10.5 times for comparable European companies.
