Ericsson provides communications technology and services. Co.'s services, software and infrastructure – especially in mobility, broadband and the cloud – enable the telecom industry and other sectors to do business, increase efficiency, improve the user experience and capture new opportunities. Co. has more than 110,000 professionals and customers in more than 180 countries. Co. provides support for networks with more than 2.5 billion subscribers. Co.'s core business areas are called Radio, Core and Transmission and Telecom Services. Co. divides its operations into three business segments: Networks, Global Services and Support Solutions.
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.
Feasibility Study Results in December to be a Catalyst for this Junior
A director at Telefonaktiebolaget L M Ericsson sold 4,495 shares at 88.520SEK and the significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. T...
On Thursday, we upgraded Fabege to BUY (HOLD) and raised our target price to SEK162 (145) based on peer property transactions and expectations of increased net-lettings. In other news, Norwegian Property has acquired a property in central Oslo at Karl Johan Street for NOK710m. We also recently reiterated our SELL on Catena, but raised our target price to SEK320 (260) based on strong peer performance in the logistics/industrial segment and its recent land bank acquisition. The average implied EBITDA yields on our covered stocks are 3.79% for 2019e and 3.92% for 2020e.
Weekly Calendar 16-20 December: Norges Bank, Riksbanken and BoE rate meetings (2 pages)
Ice beat key growth KPIs, increased smartphone service revenues 26% YOY, and appears increasingly confident ahead of the Q4 campaign season. We have adjusted revenue estimates up 1%, net debt down, and our target price up to NOK32 (30). We reiterate our BUY recommendation.
Telenor is a solid multi-year dividend growth stock, but its investor sentiment sometimes fluctuates more than fundamentals would warrant. We find the recent correction overdone and have upgraded to BUY (HOLD), lifting EPS 1–2% while maintaining our NOK193 target price.