Losses expected for Grieg Seafood

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Analysts believe Grieg Seafood lost money in the fourth quarter.

Grieg Seafood is expected to report an operating profit of EUR -1.6 million for Q4 2020, according to estimates from nine investment banks, obtained by Infront Data for TDN Direkt.

For 2020 as a whole, the operating profit is expected to be EUR 3.4 million.

Of the nine investment banks, eight have a BUY recommendation, while one has a HOLD recommendation on Grieg Seafood stock.

Carnegie, Danske Bank Markets, DNB Markets, Handelsbanken Capital Markets, Kepler Cheuvreux, Nordea Markets, Pareto Securities, SEB Equities and Sparebank 1 Markets participated in the survey.