Tag Archives: Solstad Farstad

SOFF-NO (BUY, TP 10) Initiation

Posted on October 19, 2017 by admin

We initiate coverage of Solstad Farstad with a BUY recommendation and target price of NOK 10. We estimate a NAV/sh of NOK 12.6, but this estimate is extremely elastic to movements in fleet values due to an estimated adjusted equity...

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