Report
Christoffer Wang Bjørnsen
EUR 86.07 For Business Accounts Only

Crayon (Buy, TP: NOK230.00) - Rhipe acquisition closing

On the back of Crayon’s Q3 results and the imminent closing of its acquisition of Rhipe, we have raised our 2021–2023 estimates significantly and our target price to NOK230 (190); we reiterate our BUY.
Underlying
Crayon Group Holding

Provider
DnB Markets
DnB Markets

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.

 

Analysts
Christoffer Wang Bjørnsen

ResearchPool Subscriptions

Get the most out of your insights

Get in touch