Nordea repeats its Buy rating for communications technology company Link Mobility with an unchanged target price of NOK 35, according to a recent analysis.
The bank highlights returning organic growth, a shift toward more profitable services and strong cash flows enabling continued acquisitions and increased shareholder distributions.
The stock is valued at approximately 9 times EV/EBITDA after investments for 2027, around half the multiple of its sector peers.
Nordea is simultaneously lowering its EBIT forecasts for 2027–2028 by 1–3 percent as a result of higher-than-expected costs.
