Risk factor
Low price volatility
Profitability factor
Very low or no dividends
About
Íslandsbanki hf., together with its subsidiaries, provides commercial banking products and services to the retail and corporate sectors in Iceland. The company provides personal banking services comprising online banking, online chat, personal advisory, digital and personalized services to retail customers. It also offers business banking products and services to small and medium-sized enterprises, and asset financing services under the Ergo brand. In addition, the company provides corporate and investment banking services consisting of financial and investment banking services to large companies, pension and investment funds, institutional investors, and high net worth individuals. Further, the company offers securities and foreign currency, investment advice, corporate finance, lending, and private banking services. The company was founded in 1905 and is headquartered in Kópavogur, Iceland.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, underpriced on P
Target Price
The average target price of ISB.IC is 138 and suggests 5% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec
Buy
Sell