“Significant progress,” the company said in a stock exchange announcement.
Kongsberg Automotive Today it was awarded a contract worth NOK 374 million. The contract begins in 2025 and lasts for seven years. The stock rose 3 percent.
in red
Fernley analyst Eva Viken Christensen cuts her price target to double the candidate Agelex To 40 NOK, but repeat purchases. All three analysts covering the stock have buy recommendations. The stock fell 2.1 percent to NOK 21.25.
Medical monitoring It fell 27 percent on news of the stock issue in recent days. The company announced two days ago that it would raise NOK 55 million through a share issue. The issue price was set at NOK 0.26 per share. share, and the share fell by more than half in two days. The cost per share is currently NOK 0.32.
Arctic Securities initiated coverage Car store With a contract and target price of NOK 18. For its part, DNB Markets reiterates its sell target and target price of NOK 12. They believe the market is ignoring what the $60 million third-quarter report volume guidance reduction of $60 million means, according to TDN Direkt.
However, Arctic Securities are bullish in the short term as AutoStore demand appears to have bottomed out, and they see consensus 2024 revenues rising to $700 million with a revenue estimate of $744 million. DNB Markets has sales estimates of $628 million for next year.
The stock fell 3.6 percent to NOK 16.40.
Oil price
Brent crude fell 1.5 percent to $80.76 a barrel. barrel, while West Texas Intermediate crude fell 1.5% to $75.97. In comparison, a barrel of North Sea oil was trading at $78.85 per barrel at the close of the Oslo Stock Exchange on Wednesday.
– We are entering a correction period, says Ole Rikard Hammer, oil analyst at Arctic Securities, in today’s broadcast of Børsmorgen in Finansavisen.
The price of oil fell by about one percent on Thursday morning in the wake of yesterday’s bombshell from the OPEC oil cartel. Rystad Energy cannot rule out a deadlock, and its analysis suggests oil prices will remain close to $80 per barrel without further cuts. barrel next year.
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