A director at NRC Group ASA bought 120,000 shares at 6.000NOK and the significance rating of the trade was 71/100. 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...
The Q1 reporting season is in full swing, with results from Catena, Entra, Pandox and Wihlborgs in the past week. In addition, Aurora Eiendom announced a proposal to delist from Euronext Growth Oslo. The weighted-average implied EBITDA yields on the stocks we cover are 5.00% for 2025e and 5.31% for 2026e.
The Q1 results missed our expectations and consensus, mainly on weakness in the Brussels hotel market. Following the report and given recent macro trends, we have cut our EPS by c4–5% over our forecast period, and our NAV-based target price to SEK200 (215). However, given the stock is still trading at a significant discount to NAV, and the implied EBIT yield remains attractive, we have upgraded to BUY (HOLD).
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