Flash news from Kauppalehti: ABG Sundal Collier raised Elisa’s stock recommendation to buy, previously hold. Target price still 50 euros
@Joni_Gronqvist hasn’t yet had time to change his recommendation following the share price; the ‘reduce’ recommendation was probably only relevant for a couple of days in October, as the price immediately started to fall. Is it even the case now that Inderes is currently the only one with a ‘reduce’ recommendation? This, of course, negatively affects the consensus, though an informed investor can draw their own conclusions about whether to buy the stock now. Elisa’s financial statement release is then due on Friday, January 31st.
Adding a flash news item from Kauppalehti on Jan 23rd to maintain the consensus recommendation: DNB Markets lowers Elisa’s target price to 47.00 euros (previously 48.00 euros), reiterates hold recommendation.