DNB and Nordea say “more to come” after Chilean salmon farmer’s stock surge 40% in 3 months

Aslak Berge

Salmones Camanchaca scores price target increase.

According to TDN Finans, DNB Markets target price on Salmones Camanchaca is raised from NOK 56 per share to NOK 65 per share, repeating a buy recommendation.

The brokerage raises the calculate earnings per share with 10%, pointing out that the release of smolt in the Chile salmon industry confirms limited growth.

Nordea Markets changes its estimates slightly following the recent Q1 report, and repeats a buy recommendation at NOK 70.

Salmon Camanchaca’s stock inceases by 3,9% today at the Oslo Stock Exchange. The last traded price was NOK 63.35.


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