DNB Markets sees a tight supply side going forward, and is upgrading the sector to buy

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Falling prices have provided an opportunity to buy, the investment bank believes.

DNB Markets is upgrading several shares in the aquaculture sector to a buy recommendation, according to an update on Thursday by TDN Direkt.

The investment bank believes that the recent price decline in the sector represents a good buying opportunity, with strong underlying demand combined with the expectation of reduced global supply.

Mowi is upgraded to buy from hold, with a repeated price target of NOK 235 per share.

Bakkafrost is upgraded to purchases from hold, with an unchanged price target of NOK 700 per share.

Måsøval is upgraded to buy from hold, with a continued price target of NOK 45 per share.