Why is Intrum stock surging today?

Intrum stock jumps 12.1% after UBS upgrade and capital raising announcement. Discover the reasons behind the surge.

ByJack Scott- Senior Editor

Today / 08:40|Last updated: Today / 08:42

Why is Intrum stock surging today? — Photo: Prepared by Bond.az

Intrum stock surged 12.1% to SEK 19.4 after an analyst upgrade from UBS, which raised its rating from Neutral to Buy with a SEK 28 price target.

The upgrade is based on the company's SEK 7.5 billion capital raising, fully guaranteed, aimed at reducing refinancing risk and accelerating deleveraging by two years.

Intrum also completed its first co-investment deal in Eastern Europe, acquiring a Hungarian NPL portfolio with a new European investor.

CEO Johan Åkerblom stated: 'This co-investment demonstrates how partnerships can create recurring revenue streams.'

More News

Ottobock shares drop 10% on short report

Today / 08:52

229

Ottobock shares drop 10% on short report

Ottobock shares fell 10% after Grizzly Research short report highlights owner debt risk. Target price set at €30.

STOCK MARKETS →

Today / 08:42

841

Get ProPicks AI at 2026's Lowest Price

Get ProPicks AI at 2026's lowest price on Bond.az. AI-powered stock picks, WarrenAI, and more - limited time offer.

STOCK MARKETS →

Today / 08:15

563

Why is Evolution stock surging today?

Evolution AB stock surges 12.3% on €2 billion buyback program. Analysts say move signals undervaluation. Read more on Bond.az.

STOCK MARKETS →

Today / 08:14

286

Why is ACS stock sliding today?

ACS stock fell 4.61% on digital infrastructure investment plan and share issuance. Valuation and earnings report amplify selling pressure.

STOCK MARKETS →

Today / 08:13

488

Why is Lagercrantz stock surging?

Lagercrantz stock surged 7.7% after a strong Year-End report, hitting a new 52-week high. Earnings beat expectations, driven by solid performance and CEO outlook.

STOCK MARKETS →

SAP shares climb 5% as software stocks rally

Today / 08:12

472

SAP shares climb 5% as software stocks rally

SAP shares surged 5% on Monday, leading a software stock rally in Europe. Salesforce, ServiceNow, and others also gained while semiconductors dipped.

STOCK MARKETS →

Evolution stock surges 10% on $2.1 billion buyback plan

Today / 07:55

824

Evolution stock surges 10% on $2.1 billion buyback plan

Evolution shares surge 10% after announcing a 2 billion euro share buyback plan, one of Sweden's largest buyback programs.

STOCK MARKETS →

Vallourec shares plunge after ArcelorMittal sells 10% stake

Today / 07:42

250

Vallourec shares plunge after ArcelorMittal sells 10% stake

ArcelorMittal sells 10% stake in Vallourec for $667 million. Vallourec shares drop 6%. Details on Bond.az.

STOCK MARKETS →

FTSE 100 rises as Trump calls off Iran strike

Today / 07:34

460

FTSE 100 rises as Trump calls off Iran strike

FTSE 100 rises as Trump cancels Iran strike, easing geopolitical tensions. Markets rally on de-escalation hopes.

STOCK MARKETS →

European Stocks Rise on US-Iran Peace Hopes

Today / 07:33

683

European Stocks Rise on US-Iran Peace Hopes

European stocks gain on US-Iran peace hopes. Stoxx 600, Dax, CAC 40, FTSE 100 rise. Oil prices drop.

STOCK MARKETS →

European shares rise on Trump's Iran comments

Today / 07:32

972

European shares rise on Trump's Iran comments

European shares rise after Trump's comments on Iran deal prospects. STOXX 600 gains 0.2% as oil prices fall.

STOCK MARKETS →

Today / 06:24

601

Stellantis targets US revival, brand cuts, China deals

Stellantis CEO Antonio Filosa outlines strategy to revive US sales, cut brands, and expand Chinese partnerships at capital markets day.

STOCK MARKETS →

...