SEB Equity Research Analyst Recommendations & Stock PicksView the latest stock recommendations issued by analysts at SEB Equity Research. This page tracks publicly reported analyst upgrades and downgrades, buy/hold/sell ratings, and price target changes for publicly traded companies. All data is compiled from credible public sources and updated regularly to reflect new insights from SEB Equity Research's equity research team. MarketBeat is not affiliated with or endorsed by SEB Equity Research.1 AnalystUpdated 1/27/2026 Brokerage RankingSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating MarketBeatAverage Return00.00% 12-Month ROITotal Ratings6 Last 12 MonthsBuy Ratings0 Last 12 MonthsSell Ratings0 Last 12 MonthsCompanies Covered5 Last 12 Months Country All Countries USA (NYSE & NASDAQ)USA (All Exchanges)CanadaUnited Kingdom Sector All Sectors AerospaceAuto/Tires/TrucksBasic MaterialsBusiness ServicesCommunication ServicesComputer and TechnologyConstructionConsumer CyclicalConsumer DefensiveConsumer DiscretionaryConsumer GoodsConsumer StaplesEnergyFinanceFinancial ServicesIndustrialsManufacturingMedicalMiscellaneousMulti-Sector ConglomeratesReal EstateRetail/WholesaleServicesTransportationUtilities Market Cap All MarketCaps Mega Cap (More Than $200B)Large Cap ($10B-$200B)Mid Cap ($2B-$10B)Small Cap ($300M-$2B)Micro Cap ($50M-$300M)Nano Cap (Under $50M) MarketRank™ evaluates a company based on dividend strength, earnings, valuation, analysts forecasts, and more.Available with a MarketBeat All Access SubscriptionMarketRank™Upgrade to All Access to use the All Ranks Filter Media sentiment refers to the percentage of positive news stories versus negative news stories a company has received in the past week.Available with a MarketBeat All Access SubscriptionMedia SentimentUpgrade to All Access to use the All Sentiments Filter Analyst consensus is the average investment recommendation among Wall Street research analysts.Available with a MarketBeat All Access SubscriptionAnalyst ConsensusUpgrade to All Access to use the All Ratings Filter Reporting Date Full History Latest Per Company Show All Ratings Strong Buy Buy Hold Sell Rating All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Price Target Change Action Any Change Raised 5%+ Raised 10%+ Raised 20%+ Lowered 5%+ Lowered 10%+ Lowered 20%+ Price Target Change Export CompanyCurrent PriceReport DateAnalystActionPrice TargetRating12-Month Recommendation ROIDetailsNENoble$52.49+2.4%1/27/2026 Set Price Target$33.0000.00%View details for SEB Equity Research rating of Noble (NYSE:NE) on 1/27/2026GNKGenco Shipping & Trading$24.79-2.7%9/26/2025 Set Price Target$23.0000.00%View details for SEB Equity Research rating of Genco Shipping & Trading (NYSE:GNK) on 9/26/2025NENoble$52.49+2.4%9/1/2025 Set Price Target$30.0000.00%View details for SEB Equity Research rating of Noble (NYSE:NE) on 9/1/2025SDRLSeadrill$51.41+2.7%9/1/2025Kim André UggedalSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingSet Price Target$33.0000.00%View details for SEB Equity Research rating of Seadrill (NYSE:SDRL) on 9/1/2025VALValaris$103.13+4.2%9/1/2025Kim André UggedalSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingSet Price Target$45.5000.00%View details for SEB Equity Research rating of Valaris (NYSE:VAL) on 9/1/2025BORRBorr Drilling$6.30+3.9%9/1/2025 Set Price Target$2.4000.00%View details for SEB Equity Research rating of Borr Drilling (NYSE:BORR) on 9/1/2025RIGTransocean$6.91+4.4%3/5/2025 Set Price Target$2.8000.00%View details for SEB Equity Research rating of Transocean (NYSE:RIG) on 3/5/2025INSWInternational Seaways$85.40+0.1%1/24/2025Jon SkalandSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingSet Price Target$50.0000.00%View details for SEB Equity Research rating of International Seaways (NYSE:INSW) on 1/24/2025ALVAutoliv$120.79-0.5%9/21/2022 DowngradeBuy ➝ Hold00.00%View details for SEB Equity Research rating of Autoliv (NYSE:ALV) on 9/21/2022FLNGFlex LNG$31.83+0.5%6/8/2022 DowngradeBuy ➝ Hold00.00%View details for SEB Equity Research rating of Flex LNG (NYSE:FLNG) on 6/8/2022 Get the Latest News and Ratings for Your StocksEnter your email address below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter. EQNREquinor ASA$38.51+0.6%4/1/2022Anders RosenlundSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingUpgradeHold ➝ Buy00.00%View details for SEB Equity Research rating of Equinor ASA (NYSE:EQNR) on 4/1/2022TLTZYTele2SEK 9.77-1.6%2/7/2022Pontus WachtmeisterSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingDowngradeSEK 120Buy ➝ Sell00.00%View details for SEB Equity Research rating of Tele2 (OTCMKTS:TLTZY) on 2/7/2022SWDBYSwedbankSEK 34.432/4/2022Maths LiljedahlSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingDowngradeSEK 190Buy ➝ Hold00.00%View details for SEB Equity Research rating of Swedbank (OTCMKTS:SWDBY) on 2/4/2022SVNLYSvenska Handelsbanken Ab Publ$6.9110/21/2021Maths LiljedahlSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingDowngradeHold ➝ Sell00.00%View details for SEB Equity Research rating of Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) on 10/21/2021NVONovo Nordisk A/S$45.82-2.7%10/18/2021Carsten LonborgSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingUpgradeHold ➝ Buy00.00%View details for SEB Equity Research rating of Novo Nordisk A/S (NYSE:NVO) on 10/18/2021DNBBYDNB Bank ASADKK 29.92-0.9%9/8/2021 UpgradeDKK 224.00Hold ➝ Buy00.00%View details for SEB Equity Research rating of DNB Bank ASA (OTCMKTS:DNBBY) on 9/8/2021YARIYYara International ASA$29.62-0.9%9/2/2021Truls EugeneSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingUpgradeHold ➝ Buy00.00%View details for SEB Equity Research rating of Yara International ASA (OTCMKTS:YARIY) on 9/2/2021CALTCalliditas Therapeutics AB (publ)$40.007/7/2021 Initiated CoverageBuy00.00%View details for SEB Equity Research rating of Calliditas Therapeutics AB (publ) (NASDAQ:CALT) on 7/7/2021BIOVFSwedish Orphan Biovitrum$47.485/5/2021 DowngradeBuy ➝ Hold00.00%View details for SEB Equity Research rating of Swedish Orphan Biovitrum (OTCMKTS:BIOVF) on 5/5/2021NOKNokia$14.45-1.8%4/30/2021 UpgradeHold ➝ Buy00.00%View details for SEB Equity Research rating of Nokia (NYSE:NOK) on 4/30/2021SUBCYSubsea 7$36.00-0.6%4/30/2021 UpgradeHold ➝ Buy00.00%View details for SEB Equity Research rating of Subsea 7 (OTCMKTS:SUBCY) on 4/30/2021ORKLYOrkla Asa$11.92-0.7%4/27/2021 UpgradeHold ➝ Buy00.00%View details for SEB Equity Research rating of Orkla Asa (OTCMKTS:ORKLY) on 4/27/2021SDVKYSandvik$38.98-0.1%4/21/2021 DowngradeBuy ➝ Hold00.00%View details for SEB Equity Research rating of Sandvik (OTCMKTS:SDVKY) on 4/21/2021ERICEricsson$12.67+1.1%3/15/2021 UpgradeHold ➝ Buy00.00%View details for SEB Equity Research rating of Ericsson (NASDAQ:ERIC) on 3/15/2021GNGBYGetinge$19.74-1.0%3/11/2021 UpgradeHold ➝ Buy00.00%View details for SEB Equity Research rating of Getinge (OTCMKTS:GNGBY) on 3/11/2021SUBCYSubsea 7$36.00-0.6%2/26/2021 DowngradeBuy ➝ Hold00.00%View details for SEB Equity Research rating of Subsea 7 (OTCMKTS:SUBCY) on 2/26/2021TIGOMillicom International Cellular$81.66-0.4%2/12/2021 Initiated CoverageBuy00.00%View details for SEB Equity Research rating of Millicom International Cellular (NASDAQ:TIGO) on 2/12/2021NTOIYNeste OYJ$16.82+1.4%2/8/2021 UpgradeHold ➝ Buy00.00%View details for SEB Equity Research rating of Neste OYJ (OTCMKTS:NTOIY) on 2/8/2021VWDRYVestas Wind Systems AS$9.91-0.3%2/8/2021 DowngradeBuy ➝ Hold00.00%View details for SEB Equity Research rating of Vestas Wind Systems AS (OTCMKTS:VWDRY) on 2/8/2021ALVAutoliv$120.79-0.5%1/27/2021 DowngradeBuy ➝ Hold00.00%View details for SEB Equity Research rating of Autoliv (NYSE:ALV) on 1/27/2021OUTKYOutokumpu$3.17-8.1%12/16/2020 UpgradeHold ➝ Buy00.00%View details for SEB Equity Research rating of Outokumpu (OTCMKTS:OUTKY) on 12/16/2020ATLKYAtlas Copco$18.94-0.3%11/2/2020 DowngradeBuy ➝ Neutral00.00%View details for SEB Equity Research rating of Atlas Copco (OTCMKTS:ATLKY) on 11/2/2020CCDBFCCL Industries$63.34+2.8%6/10/2020 Reiterated RatingSell00.00%View details for SEB Equity Research rating of CCL Industries (OTCMKTS:CCDBF) on 6/10/2020EPOKYEpiroc AB (publ)$20.476/4/2020 UpgradeNeutral ➝ Buy00.00%View details for SEB Equity Research rating of Epiroc AB (publ) (OTCMKTS:EPOKY) on 6/4/2020BORRBorr Drilling$6.30+3.9%3/4/2020 DowngradeBuy ➝ Hold00.00%View details for SEB Equity Research rating of Borr Drilling (NYSE:BORR) on 3/4/2020NEBLQNoble$0.056/18/2019 Downgrade$2.80 ➝ $1.50Buy ➝ Sell00.00%View details for SEB Equity Research rating of Noble (OTCMKTS:NEBLQ) on 6/18/2019XENEXenon Pharmaceuticals$56.00+0.2%9/24/2015 Reiterated RatingPositive00.00%View details for SEB Equity Research rating of Xenon Pharmaceuticals (NASDAQ:XENE) on 9/24/2015HDHome Depot$304.46+0.6%8/24/2015 Reiterated RatingSell00.00%View details for SEB Equity Research rating of Home Depot (NYSE:HD) on 8/24/2015TLSNYTeliaSonera$10.51-0.9%6/17/2015 UpgradeHold00.00%View details for SEB Equity Research rating of TeliaSonera (OTCMKTS:TLSNY) on 6/17/2015AZNAstrazeneca$184.90-1.5%2/3/2015 UpgradeHold ➝ Buy00.00%View details for SEB Equity Research rating of Astrazeneca (NYSE:AZN) on 2/3/2015Louis Navellier: My #1 AI stock for 2026 (name & ticker inside) (Ad)Louis Navellier's Stock Grader system helped him flag Nvidia before its 82,000% run and has identified the top S&P 500 stock for 12 years running—and today, he's giving away his #1 AI stock pick for 2026, free. This company's sales are up 28% year over year, it holds over 30,000 patents in wireless and video technology, and it just earned an A-rating in his proprietary Stock Grader system that has cost him $9 million to build and maintain.Get the name and ticker of Louis Navellier's #1 AI stock freeNOKNokia$14.45-1.8%2/2/2015 DowngradeBuy ➝ Hold00.00%View details for SEB Equity Research rating of Nokia (NYSE:NOK) on 2/2/2015CABGYCarlsberg AS$26.24+0.5%10/21/2014 UpgradeSell ➝ Hold00.00%View details for SEB Equity Research rating of Carlsberg AS (OTCMKTS:CABGY) on 10/21/2014ERICEricsson$12.67+1.1%7/21/2014 UpgradeBuy00.00%View details for SEB Equity Research rating of Ericsson (NASDAQ:ERIC) on 7/21/2014NOKNokia$14.45-1.8%9/19/2013 UpgradeOverweight00.00%View details for SEB Equity Research rating of Nokia (NYSE:NOK) on 9/19/2013SWDBYSwedbank$34.433/18/2013 DowngradeBuy ➝ Hold00.00%View details for SEB Equity Research rating of Swedbank (OTCMKTS:SWDBY) on 3/18/2013 MarketBeat Community Rating for SEB Equity ResearchMarketBeat's community ratings are surveys of what our community members think about SEB Equity Research and other research firms in the last 90 days. Vote "Outperform" if you believe SEB Equity Research's recommendations will outperform the broader market over the long term. Vote "Underperform" if you believe SEB Equity Research's recommendations will underperform the broader market over the long term. You may vote once every thirty days. Log in to vote on this brokerage. COMMUNITY RATINGS2.6out of 5 (last 90 days)2.6 of 5 stars OUTPERFORM VOTES 35 Believe will outperform the market UNDERPERFORM VOTES 33 Believe will underperform the market Analysts at SEB Equity ResearchSEB Equity Research's equity research team has issued ratings on 5 companies across 2 sectors over the past 12 months, covered by 1 analyst. The SEB Equity Research analysts below are listed by number of ratings issued in the last year.Kim André UggedalSubscribe to MarketBeat All Access for the analyst's recommendation accuracy rating2 RatingsSEB Equity Research Stock Coverage by SectorSEB Equity Research concentrates its research most heavily in Energy (80.0%) and Transportation (20.0%). The chart below shows how SEB Equity Research's 5 rated companies are distributed across all 2 sectors it covers.Energy4 companies80.0%Transportation1 company20.0%Best & Worst CallsBest Call000.0%OTCMKTS:EPOKYUpgrade • Jun 4, 2020Subscribe to MarketBeat All Access to get analyst recommendation ROI.Worst Call000.0%OTCMKTS:BIOGYUpgrade • Feb 7, 2022Subscribe to MarketBeat All Access to get analyst recommendation ROI.Similarly Rated FirmsDawson JamesGreenridge GlobalRodman & RenshawShore Capital GroupWilliams TradingClarus SecuritiesCOCollins StewartCi CapitalS&S&P Equity ResearchPeel Hunt SEB Equity Research - Frequently Asked Questions What sectors does SEB Equity Research specialize in? SEB Equity Research has the deepest coverage in Energy (80.0% of rated companies) and Transportation (20.0% of rated companies). How often does SEB Equity Research change its stock ratings? SEB Equity Research issued 6 ratings over the last 12 months across 5 companies — an average of roughly 0 rating actions per month. These include set price target. MarketBeat tracks every rating change as it's published so you can see the most current SEB Equity Research analyst actions. 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