04:46 AM EDT, 05/08/2026 (MT Newswires) -- AlphaValue/Baader Europe tweaked its forecasts for Sampo (SAMPO.HE) as it took note of the Finland-based insurer's first-quarter results and upgraded outlook for 2026.

The research firm said Thursday its 2026 EPS estimate was cut 20.5% to 0.43 euro to reflect the group's "weaker"first-quarter results amid unrealized losses related to Noba Bank Group. For 2027, the EPS forecast rose 1.63% to 0.58 euro.

"The outlook remains supportive. Management raised its FY26 guidance at both the insurance revenue and underwriting result levels. The underwriting result is now expected in the range of EUR1,525-1,625m (vs. EUR1,485-1,600m previously), and insurance revenue in the range of EUR9.6-9.8bn (vs. EUR9.5-9.8bn previously). This has led us to increase our insurance service result forecasts slightly for FY26 and subsequent years. Combined with a normalised financial result in FY27, this explains the uptick to our FY27 EPS estimate,"analysts said.

AlphaValue/Baader Europe rates the stock at reduce, with a price target of 8.42 euros.