TCM Group stock: Danske Bank raises target for TCM Group stock from DKK 80 to DKK 82

Published on 10/22/2026 at 05:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Danske Bank raised its target from DKK 80 to DKK 82 on September 3, 2026. TCM Group stock posted DKK 375.00 million revenue in the second quarter.

Analyst target and reporting date

Danske Bank raised its TCM Group target from DKK 80 to DKK 82 on September 3, 2026.
Second-quarter revenue reached DKK 375.00 million and net income was DKK 16.70 million.
TCM Group's market capitalization stood at DKK 681.4 million on October 22, 2026.

TCM, DK0060915478, Illustration mit AI erstellt.

TCM Group A/S (ISIN DK0060915478) received a higher target of DKK 82 from Danske Bank on September 3, 2026, up from DKK 80. The change followed the Danish kitchen and furniture maker's latest operating figures and kept the bank's positive assessment in place, according to Affärsvärlden.

Target rises to DKK 82

The revised target is 21.66 percent above the DKK 67.40 price shown for TCM Group on Nasdaq Copenhagen at 11:03 a.m. CEST on October 22, 2026. That comparison puts the analyst view against a live market level rather than against a foreign-currency quote.

TCM Group reported second-quarter revenue of DKK 375.00 million and net income of DKK 16.70 million. Revenue was higher than the DKK 362.40 million reported for the first quarter, while net income rose from DKK 15.00 million, according to TradingView.

Three milestones shape the picture

On May 21, 2026, TCM Group reported first-quarter revenue of DKK 362.40 million. On August 20, 2026, the second-quarter report showed DKK 375.00 million of revenue. On September 3, 2026, Danske Bank raised its target from DKK 80 to DKK 82, as listed by Affärsvärlden.

What dates come next?

The next scheduled reporting date is November 19, 2026, when TCM Group is due to publish an interim report. The following annual report is scheduled for February 25, 2027, according to Affärsvärlden.

Valuation remains the investor hinge

TCM Group's second-quarter net income of DKK 16.70 million gives the target revision a current earnings reference. The company had a market capitalization of DKK 681.4 million on October 22, 2026, while its business spans kitchen, bathroom and storage furnishings sold through brands including Svane Køkkenet, Tvis Køkkener and Nettoline.

TCM Group was trading at DKK 67.40 on Nasdaq Copenhagen on October 22, 2026 at 11:03 a.m. CEST.