Risk factor
Poor trading liquidity
Profitability factor
Favourable analyst view
About
Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom. The company focuses on developing data centers, solar photovoltaic energy, wind energy – onshore and offshore, renewable energy, and battery energy storage systems projects. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks.
Target Price
The average target price of MGN.OL is 32.9 and suggests 46.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in