We initiate coverage on Sveafastigheter with BUY and a SEK 51 target price, indicating 45.3% upside. The company completed an IPO in October 2024 and has since traded down on the back of negative sentiment in the sector, creating a great entering opportunity for investors. In addition to our view that the residential segment is positioned to reprice on the stock exchange in line with the direct market, our detailed analysis shows that the current share price of SEK 35.1 clearly fails to catch un ....
