GS upgrades Tryg, sees revenue growth picking up
12/10/2026 12:03
BUZZ-GS upgrades Tryg, sees revenue growth picking up ** Goldman Sachs upgrades Danish insurer Tryg TRYG.CO to "neutral" from "sell" as it expects revenue growth to pick up next year
** GS sees an inflection in 2027 revenue growth driven by multiple commercial initiatives and distribution partnerships
** It adds relative valuation has compressed to decade lows -- says stock underperformed the wider sector by about 17% YTD, broader market by 20%
** GS says that downside, driven by slowing revenue growth and market concerns on AI and autonomous vehicles, is now largely priced-in
** Six out of 15 analysts covering the stock rate it "strong buy"/"buy", seven "hold", two "sell" - LSEG data
(Reporting by Vera Dvorakova)