Risk factor
Significant default risk
Profitability factor
Overvalued vs peers
About
Nordnet AB (publ) is a financial services group operating across Sweden, Norway, Denmark, and Finland, with core activities in investments, savings, pensions, and lending. The company provides a comprehensive digital platform that facilitates access to various investment and savings products, including stocks, mutual funds, and other financial securities, all accessible via its website, mobile application, and other digital interfaces. Nordnet's lending portfolio encompasses portfolio-backed loans, residential mortgages, and unsecured personal loans. Additionally, the company offers retirement savings solutions. A distinctive feature is Shareville, an interactive social investment network where clients can observe and track the investment strategies of fellow investors. Established in 1996, Nordnet maintains its headquarters in Stockholm, Sweden.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, reasonably priced on P/RIBP. Edit
Target Price
The average target price of SAVE.ST is 356 and suggests 2.7% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to