Handelsbanken’s headquarters.
Handelsbanken lowers target price for both Nordnet and Avanza. One of the shares may, however recommendation purchase.
Handelsbanken lowers target price on the internet broker Avanza 230-220 crowns while maintaining recommendation decrease.
It is clear from a market letter dated 2 October.
“The market’s estimate for 2015 has come down 20 percent but shares are up 26 percent., the third quarter is expected to show that expectations are too high,” writes the bank.
Handelsbanken lowers target price on Nordnet 38-36 crowns. This recommendation, however, remain on the purchase.
It appears from a market letter dated 2 October.
“Prior to the interim report causes a low trading activity us to take down the estimates. But the strongest inflow ever reflects the underlying growth. A weak quarter means a good point to get into the stock at” writes the bank.
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