Report
Niklas Wetterling
EUR 92.37 For Business Accounts Only

SBB Norden (No_rec, TP: SEK) - Recommendation and target price withdrawn

Given DNB Markets is acting as Joint Global Coordinator in the potential listing of Public Property Invest on Oslo Stock Exchange in which SBB owns 44.8% of the shares, we have withdrawn our recommendation and target price.
Underlying
Samhallsbyggnadsbolaget I Norden AB Class B

Samhallsbyggnadsbolaget I Norden AB, formerly Effnetplattformen AB, is a Sweden-based company, which owns community properties in the Nordic region, as well as rental apartments in Sweden. It cooperates with municipalities and other tenants on a long-term basis. The Company operates Offentlige Bygg AS as subsidiary.

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
Niklas Wetterling

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