Kepler Capital analyst Christian Nordby maintained a Buy rating on Grieg Seafood ASA on Tuesday, setting a price target of NOK148, which is approximately 71.52% above the present share price of $9.5.
Nordby expects Grieg Seafood ASA to post earnings per share (EPS) of -$4.03 for the third quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Grieg Seafood ASA, with an average price target of $16.29.
The analysts price targets range from a high of $16.29 to a low of $16.29.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $2.06 billion and a net profit of $224.88 million. The company's market cap is $1.11 billion.
According to TipRanks.com, Kepler Capital analyst Christian Nordby is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.2% and a 48.87% success rate.
Grieg Seafood ASA engages in farming of salmon and trout. It operates through the following geographical segments: Rogaland-Norway, Finnmark-Norway, British Columbia-Canada, and Shetland-United Kingdom. The company was founded in 1992 and is headquartered in Bergen, Norway.