Risk factor
Critical default risk
Profitability factor
Undervalued vs peers
About
Haugesund Sparebank operates as a savings bank in Norway, delivering a broad spectrum of financial products and services to both private individuals and corporate clients. For its personal banking customers, the bank offers essential accounts such as current, deposit, and association options. Lending solutions span mortgages, consumer credit, and financing for vehicles like cars and boats. Investment and savings opportunities include general savings accounts, shares and funds, pension plans, and dedicated savings for children and youth. The bank also provides a variety of insurance products, covering vehicles, leisure activities, homes and contents, and life and health. Furthermore, it facilitates modern payment methods through bank and credit cards, mobile and watch payments, various payment apps, and comprehensive online and mobile banking services. Corporate customers can access a suite of business-oriented financial tools, including diverse loans (business, agricultural, construction), overdraft facilities, leasing solutions, and bank guarantees. They are also provided with current accounts, sophisticated payment systems, online business platforms, and specialized savings and investment products, alongside insurance and pension packages. Additionally, Haugesund Sparebank extends its services to include real estate brokerage and securities trading. The institution, established in 1928, maintains its head office in Haugesund, Norway.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair val
Target Price
The average target price of HGSB.OL is 107 and suggests 32.3% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to