Pareto Securities reiterates Hold on the fish and seafood group Austevoll Seafood with a target price of 89 Norwegian kroner. The forecast for operating EBIT in 2027 is raised by 2 percent, primarily through Lerøy Seafood, while other operations are lowered by 1 percent. El Niño creates significant uncertainty for fishing in Peru. Pareto prefers Lerøy, which is upgraded to Buy from Hold with a target price of 46 Norwegian kroner, up from 44.
Pareto released a sector review this morning in which it raised its salmon price forecast for the third quarter to 75.3 Norwegian kroner per kilo for 2026 and 82–86 Norwegian kroner for 2027–2028.
