Oslo Poor’s in the Red – Salmon stocks strengthened after analyst moves

Oslo Poor’s in the Red – Salmon stocks strengthened after analyst moves

— The combination of a record high order history, good long-term earnings visibility and increased dividend yield provides a strong foundation for a growing and attractive dividend for shareholders in the future, CEO George A. West promises.

investor f 2020 BlackersPresident Magnus Halvorsen bought and sold shares in PGS Recently. On Monday and Tuesday of this week, he bought 1 million shares. 2020 Bulkers fell 1.6 percent, while PGS rose 1.6 percent.

xll for low register

The first half of the year is about survival XXL, says Pareto analyst Joachim Hughes, who halved his price target to NOK 1.50 and reiterated his recommendation to sell.

In addition, Nordea Markets has resumed coverage of XLL with a sell recommendation and price target of NOK 1.80. The sports giant battled at the top of the losers list with a drop of 11.1 percent to NOK 2.08, a new all-time low.

Many analysts are lowering their price target on Friday North Semiconductor After blowing up Thursday’s result, the stock fell another 4 percent to NOK 116.60 after crashing more than 17 percent yesterday.

— We cut estimates for revenue and operating profit by 21 and 64 percent, respectively, to $668 and $43 million, which is the lower end of guidance for Nordic, says Arctic Securities analyst Christian Spitalen.

Sass He bets on Bergen, but the stock exchange doesn’t care. The stake fell another 7.5 percent to NOK 0.28 per share after falling 34 percent so far this year.

Those who are in crisis DLTx Errors were made in the fourth quarter report. The error has now been corrected, but the deficit has doubled. On Thursday, the stock closed down 5 percent, and on Friday it continued to ride down 5.4 percent.

See also  No, Norwegians don't just want an electric car

Prosafe It decreased by 7.4 percent after the update showed fleet utilization of only 28.6 percent in the first quarter. At the same time, the drilling company is facing challenges with the Safe Concordia upgrade ahead of work in the Gulf of Mexico.

Low and stable oil price

Since midnight, the price of Brent oil has fallen 0.3 percent to $80.88 a barrel, which is almost unchanged from its levels at the closing time in the Oslo Poor’s on Thursday, when North Sea oil was trading for $81.37 a barrel. WTI fell 0.2% to $77.20.

Both contracts fell more than 2 percent on Thursday to their lowest levels since the end of March on recession fears, and are on track for a 6 percent drop for the week as a whole. Fears of a recession were prompted by weak macroeconomic figures from the US yesterday, as well as figures on Wednesday which showed US petroleum inventories rose unexpectedly last week.

Equinor rises 0.5 percent, Aker BP by 0.1 percent, while our energy decreased by 0.7 percent.

Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

Leave a Reply

Your email address will not be published. Required fields are marked *