SB1 Markets maintains its Buy rating on care services company Ambea and raises the price target to SEK 205 (190), while Neutral is reiterated for sector peer Attendo with the price target raised to SEK 130 (120).
The research house expects continued strong performance in the third quarter, but sees limited additional margin potential. Capacity expansion, acquisitions and buybacks are expected to support double-digit earnings growth going forward.
The sector is valued at approximately 11 times ev/ebitaaL for 2027.
Ambea remains SB1 Markets’ top pick thanks to higher quality and stronger long-term growth potential.
