Atlas Copco First-Quarter Growth Rates in Focus — Market Talk

About this update from Atlas Copco Ab Class A

Atlas Copco's growth rates will be a focus of the first-quarter earnings report, Deutsche Bank analyst John Kim writes. The bank views the quarter as an important one for the Swedish industrial tool maker as the good news and momentum from its semiconductor exposure looks to be priced in now. "We expect the market to focus on Atlas' industrial exposures and more specifically growth rates in the compressor technique division." Here, the bank remains optimistic on orders but not on margins given currency exposures. Within the industrial technique and power technique units Deutsche Bank remains a little negative on the outlook for growth and margin progression. The bank lowers its target price for the stock to 180 kronor from 190 kronor and keeps at hold. Shares fall 0.7% to 176.55 kronor. ([email protected])

View stock analysis, news, and events for Atlas Copco Ab Class A