EQT AB: Reinstating rating at EW.

研报英文原文证据摘录

EQT AB: Reinstating rating at EW.

Equity Research

European Diversified Financials

19 June 2026

EQT AB

Reinstating rating at EW.

Whilst Barclays Bank PLC and/or its affiliates remains acting

as a financial adviser to Isotope Bidco Limited on its potential

acquisition of Intertek Group PLC, with this note we reinstate EQTAB.ST/EQT SS EQUAL WEIGHT from Rating Suspended

our rating on EQT. European Diversified POSITIVE Financials

Unchanged

Whilst Barclays Bank PLC and/or its affiliates remains acting as a financial adviser to Isotope Price Target SEK 360.00

Bidco Limited on its potential acquisition of Intertek Group PLC, with this note we reinstate our from N/A

rating on EQT. Price (18-Jun-26) SEK 276.20

Potential Upside/Downside +30.3%EQTAB.ST: Financial and Valuation Metrics EPS (EUR)

Source: Bloomberg, Barclays Research

FY Dec 2024 2025 2026 2027 2028

EPS 0.94A 1.12A 1.26E 1.75E 2.24E Market Cap (SEK mn) 338787

Previous EPS 0.94A 1.12A N/A N/A N/A Shares Outstanding (mn) 1226.60

Consensus EPS 0.66A 0.62A 1.16E 1.71E 1.96E Free Float (%) 32.56

P/E 26.9 22.6 20.0 14.5 11.3 52 Wk Avg Daily Volume (mn) 1.6

Consensus numbers are from Bloomberg received on 18-Jun-2026; 12:50 GMT Dividend Yield (%) 1.81

Source: Barclays Research Return on Equity TTM (%) 9.32

Current BVPS (SEK) 6.41

Source: Bloomberg

Price Performance Exchange-STO

52 Week range SEK 383.00-262.10

Source: IDC

Link to Barclays Live for interactive charting

Michael Sanderson

+44 (0)20 3134 2487

michael.sanderson@barclays.com

Barclays, UK

Grace Dargan

+44 (0)20 3555 4065

Barclays Capital Inc. and/or one of its affiliates does and seeks to do business with companies grace.dargan@barclays.com

covered in its research reports. As a result, investors should be aware that the firm may have a Barclays, UK