tiprankstipranks
Trending News
More News >

Moody’s Affirms Hoist Finance’s Rating, Outlook Upgraded to Positive

Story Highlights
Moody’s Affirms Hoist Finance’s Rating, Outlook Upgraded to Positive

Don’t Miss TipRanks’ Half-Year Sale

An announcement from Hoist Finance AB ( (SE:HOFI) ) is now available.

Moody’s Ratings has affirmed Hoist Finance AB’s Baa2 long-term issuer rating and changed its outlook to positive, reflecting the bank’s improved profitability and potential qualification as a Specialised Debt Restructurer (SDR) by 2026. This designation would simplify Hoist’s business model and enhance its credit position, balancing its ambitious growth objectives and maintaining regulatory compliance.

The most recent analyst rating on (SE:HOFI) stock is a Buy with a SEK99.00 price target. To see the full list of analyst forecasts on Hoist Finance AB stock, see the SE:HOFI Stock Forecast page.

More about Hoist Finance AB

Hoist Finance AB is a regulated bank operating across six European countries, primarily focusing on the management and collection of non-performing loans (NPLs). The company leverages its efficiency gains, scale advantages, and competitive funding costs to maintain high collection performance and sound capitalization levels.

Average Trading Volume: 121,447

Current Market Cap: SEK7.44B

For a thorough assessment of HOFI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1