Self Storage Group ASA (Hold, TP: NOK29.00) - Catch-up needed
Self Storage Group seems to be sticking to its asset-by-asset strategy, with double-digit 2022–2023 EPS growth still likely in our view. However, we believe investors would like to see a ‘catch-up’ in the fundamentals, i.e. growth in mini-storage sites. That said, given the recent mini-rally, we have downgraded to HOLD (BUY) and raised our target price to NOK29 (27).
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.