Summary

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● As regards fundamentals, the enterprise value to sales ratio is at 1.12 for the current period. Therefore, the company is undervalued.

● This company will be of major interest to investors in search of a high dividend stock.

● Analysts covering this company mostly recommend stock overweighting or purchase.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 85.7 NOK


Weaknesses

● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.

● The stock is close to a major daily resistance at NOK 108.2, which should be gotten rid of so as to gain new appreciation potential.

● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.