Risk factor
Significant default risk
Profitability factor
Excellent dividends
About
Established in 2007 and based in Oslo, Norway, Pareto Bank ASA offers a comprehensive range of banking services throughout Norway. The institution accepts deposits from corporate clients and manages investment accounts for private individuals. Additionally, it provides funding for residential and commercial property developments, extends capital to businesses with specific financial requirements, and finances operations within both conventional and industrial shipping sectors. The bank also facilitates the lending of financial instruments to both individual and corporate customers.
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 PARB.OL is 64.7 and suggests 7.54% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommenda