Pareto Securities has published a daily industry analysis of the Nordic real estate companies it monitors.
Pareto points out six companies as favorites in the sector. The companies, which all receive buy recommendations, are Catena, Cibus, Norwegian Entra, Logistea, Stendörren and Corem.
Catena focuses on logistics properties, where demand is high. The target price is SEK 640.
Cibus is focused on food properties. The target price is SEK 202.
Entra is focused on office properties in Norway. The target price is NOK 140.
Logistea and Stendörren focus on light industrial and logistics properties. The target prices are SEK 20 and SEK 236 respectively.
Corem is focused on office properties. The company has been weighed down by reports, partly confirmed, that Ericsson may move from Kista. The share is now trading at a 64 percent discount to net asset value. Pareto's target price is SEK 10.
Logistea AB, formerly Odd Molly International AB is a Sweden-based Company engaged in the real estate industry. The Company also acquires and develops warehouses and logistics properties. Furthermore, the Company’s subsidiaries include Odd Molly Smaland Fastigheter AB, Seglora Fastighets AB, Troentorp Holding AB, as well as OM Vindan 1 Fastighets AB.
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
