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Article: Handelsbanken lifts target on Norwegian SalMar, keeps "reduce".

Article from:
Nordic Business Report
Article date:
November 4, 2009
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NORDIC BUSINESS REPORT-4 November 2009-Handelsbanken lifts target on Norwegian SalMar, keeps "reduce"(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com

4 November 2009 - Svenska Handelsbanken has upgraded its share price target on SalMar ASA (OSL: SALM) to NOK48 from NOK45 but has reiterated its "reduce" rating on the Norwegian salmon farmer.

The broker estimates that higher volumes and prices would lead to ...

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