Aker Clean Hydrogen (Buy, TP: NOK19.00) - High on hydrogen
With strong market growth widely expected, we believe backing from the Aker Horizons platform lends support and credibility to Aker Clean Hydrogen’s plan to become a leading producer of green hydrogen – despite some external uncertainties. Based on its 2030 ambitions, we initiate coverage with a BUY and target price of NOK19.
DNB Markets is the investment banking arm of DNB Bank ASA and is focused primarily on the Nordic region, as well as internationally on niches such as global shipping, energy and related services, and seafood. DNB Markets offers services in FICC, Equities and Investment Banking advisory from offices in Oslo, Stockholm, London, Singapore and New York. Equity research coverage is offered on c250 Nordic companies. DNB was ranked no.2 in Extel Nordic Research 2017. The DNB Markets’ Credit and FICC Macro & FX Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.
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