Pareto, Nordea lift PT on Kongsberg Gruppen; shares rise

Kongsberg Gruppen ASA

16/01/2026 13:04

** Shares of Norwegian defence equipment maker Kongsberg Gruppen KOG.OL rise 8%

** Pareto lifts PT to 390 Norwegian crowns ($38.70), maintains "buy" rating

** Nordea raises PT to 350 Norwegian crowns citing higher estimates, especially for 2028-30

** KOG set for best day since March 2025, outperforming STOXX 600 .STOXX

($1 = 10.0764 Norwegian crowns)

(Reporting by Boleslaw Lasocki)

((boleslaw.lasocki@thomsonreuters.com; +48 58 769 66 00;))