Brief: Nordea Markets raises seafood sector, Marine Harvest top pick

Austevoll Seafood ASA

11/10/2018 09:58

Oct 11 (Reuters) - Marine Harvest ASA  MHG.OL :
    * NORDEA MARKETS RAISES SALMON PRICE FORECAST FOR 2019-2021
TO NOK
64 PER KILO FROM NOK 62 PER KILO DUE TO LOWER SUPPLY GROWTH
    * NORDEA MARKETS SAYS SEAFOOD SECTOR VALUATION IS TOO LOW
    * NORDEA MARKETS RAISES TARGET PRICES IN SEAFOOD SECTOR BY
AN
AVERAGE OF 15 PERCENT
    * NORDEA MARKETS HAS MARINE HARVEST AS TOP PICK IN SEAFOOD
SECTOR,
RAISES SHARE PRICE TARGET TO NOK 235 FROM NOK 195
    * AUSTEVOLL SEAFOOD: NORDEA MARKETS RAISES SHARE PRICE
TARGET TO
NOK 150 FROM NOK 130, REITERATES BUY
    * GRIEG SEAFOOD: NORDEA MARKETS RAISES SHARE PRICE TARGET TO
NOK
150 FROM NOK 110, REITERATES BUY
    * LEROEY SEAFOOD: NORDEA MARKETS RAISES SHARE PRICE TARGET
TO NOK
85 FROM NOK 70, REITERATES BUY
    * NORWAY ROYAL SALMON: NORDEA MARKETS RAISES SHARE PRICE
TARGET TO
NOK 250 FROM NOK 225, REITERATES BUY
    * SALMAR: NORDEA MARKETS RAISES TO HOLD FROM SELL
    * BAKKAFROST: NORDEA MARKETS REITERATES HOLD RECOMMENDATION

Further company coverage:  MHG.OL 

 (Reporting By Ole Petter Skonnord)
 ((olepetter.skonnord@thomsonreuters.com;))