Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. It conducts banking operations in 35 locations and real estate services in 18 locations. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E.
Target Price
The average target price of SOR.OL is 227 and suggests 12% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation