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An update from Borregaard ASA ( (GB:0QB7) ) is now available.
Borregaard, along with Must Invest and Hatteland Group, is acting as a guarantor for a NOK 200 million convertible loan to Alginor, which can be converted into shares. This financial arrangement, supplemented by an additional NOK 100 million tap facility and a NOK 230 million secured loan from Haugesund Sparebank, aims to fund the completion of Alginor’s commercial-scale demonstration plant for alginates.
The most recent analyst rating on (GB:0QB7) stock is a Hold with a NOK220.00 price target. To see the full list of analyst forecasts on Borregaard ASA stock, see the GB:0QB7 Stock Forecast page.
More about Borregaard ASA
YTD Price Performance: 7.38%
Average Trading Volume: 62,888
Current Market Cap: NOK19.02B
See more data about 0QB7 stock on TipRanks’ Stock Analysis page.