Handelsbanken has reiterated its Buy rating for investment firm Industrivärden, raising its target price to SEK 545 from SEK 488. The bank highlights Industrivärden as its preferred pick among the investment companies under its coverage, noting that nearly 50 percent of the underlying assets carry a Buy recommendation. Meanwhile, the bank observes that the investment company discount remains narrow at 2 percent, compared to a three-year average of 5 percent.

Net debt is considered comfortable at SEK 1,349 million, representing 0.6 percent of total assets. Handelsbanken forecasts an expected total return exceeding 10 percent over a twelve-month horizon.