Risk factor
Significant default risk
Profitability factor
Excellent dividends
About
SpareBank 1 Nord-Norge provides banking services to personal and corporate customers in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers various savings, lending, insurance, and pension products, as well as payment services. It also provides secured loan financing, real estate leasing and agency, billing systems, and accounting solutions. It operates through a network of 38 locations in 36 municipalities in Nordland, Troms, Finnmark, and Svalbard. The company was founded in 1836 and is headquartered in Tromsø, Norway.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, underpriced on P/RIBP. Editor's note: P/CR is
Target Price
The average target price of NONG.OL is 166 and suggests 3% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
Buy
Sell