The home automation company Plejd rises more than 7 percent on Wednesday following a positive analysis from SEB, where the bank sees potential for the company to exceed consensus expectations in the coming years.SEB has examined Plejd’s long-term growth prospects within each product category, including the new commercial segment. The bank assesses, based on market research and expert interviews, that the current product offering alone has sufficient growth potential to exceed consensus expectations.Products not yet launched represent additional upside, according to the bank.SEB repeats its buy rating while raising its price target to SEK 1,400 (1,270). The bank has had a buy recommendation on Plejd since September 2024.