Risk factor
Significant default risk
Profitability factor
Greatly overvalued vs peers
About
Nordnet AB (publ) engages in the investments and savings, pensions, and loans businesses in Sweden, Norway, Denmark, and Finland. The company offers digital platform for savings and investment products, such as stocks, mutual funds, and other securities through website, app, or other applications; portfolio lending, residential mortgages, and personal unsecured loans; and pension savings. It operates Shareville, a social investment network that allows customers to follow other investors and see their investments. The company was founded in 1996 and is headquartered in Stockholm, Sweden.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, trading at neutral level
Target Price
The average target price of SAVE.ST is 291 and suggests 5% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
Buy
Sell