SalMar ASA (OTCMKTS:SALRF) Price Target Cut to 339.00

SalMar ASA (OTCMKTS:SALRFGet Rating) had its target price cut by investment analysts at Barclays from 362.00 to 339.00 in a note issued to investors on Friday, The Fly reports.

Several other analysts also recently issued reports on the stock. Danske raised shares of SalMar ASA from a “hold” rating to a “buy” rating in a research note on Friday, August 26th. DNB Markets raised shares of SalMar ASA from a “hold” rating to a “buy” rating in a research note on Friday, November 11th. Finally, Kepler Capital Markets downgraded shares of SalMar ASA from a “buy” rating to a “hold” rating and set a 360.00 price objective for the company. in a research note on Friday, October 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, SalMar ASA presently has an average rating of “Hold” and an average price target of $516.00.

SalMar ASA Price Performance

Shares of OTCMKTS SALRF opened at $29.00 on Friday. SalMar ASA has a 1 year low of $28.60 and a 1 year high of $80.00. The firm has a 50-day simple moving average of $38.39 and a two-hundred day simple moving average of $59.37.

About SalMar ASA

(Get Rating)

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production activities; and marine-phase farming, harvesting, packaging, processing, and selling farmed salmon.

Featured Articles

The Fly logo

Analyst Recommendations for SalMar ASA (OTCMKTS:SALRF)

Receive News & Ratings for SalMar ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SalMar ASA and related companies with MarketBeat.com's FREE daily email newsletter.