P/F Bakkafrost logo

BAKKAo - P/F Bakkafrost News Story

NOK731.2 14.6  2.0%

Last Trade - 5:00pm

Sector
Consumer Defensives
Size
Large Cap
Market Cap £3.65bn
Enterprise Value £3.90bn
Revenue £543.7m
Position in Universe 160th / 1836

BUZZ-Salmon price drops to low NOK 60s from above NOK 70 -Sparebank 1 Markets

Fri 16th March, 2018 7:57am
** Broker Sparebank Markets says over the past few days we
have seen spot salmon prices falling from above NOK 70 per kilo
to low NOK 60s in a relatively short time period
    ** Sparebank 1 Markets: The price drop is large and it is
happening earlier than expected, but it has to be seen in
relation to artificially low volumes coming out from Norway
lately
    ** Sparebank 1 Markets: We stick with our cautious sector
view. Shares of salmon firms have rallied too much on the back
of artificially high spot prices
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.