SB1 Markets initiates coverage of the Norwegian retail group Outlet Group with a Buy rating and a price target of 46 Norwegian kronor.
The research house highlights the company’s discount concept, growing market shares and expansion into toys and the Polish market.
SB1 expects average annual EBIT growth of 22 percent during 2025–2029 and margin improvement to 18.1 percent. The stock trades at a P/E ratio of 12.5 for 2027.
The research house believes that the high growth and profitability warrant a premium to comparable companies.
