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Norwegian Air Shuttle ASA ( (GB:0FGH) ) has issued an update.
Norwegian Air Shuttle ASA has successfully completed a buy-back of bonds totaling NOK 640,403,733, which includes a significant portion from the Norwegian Ministry of Trade, Industry and Fisheries. This strategic financial move is expected to impact the company’s financial structure positively by reducing outstanding debt and enhancing its market position.
The most recent analyst rating on (GB:0FGH) stock is a Buy with a NOK14.00 price target. To see the full list of analyst forecasts on Norwegian Air Shuttle ASA stock, see the GB:0FGH Stock Forecast page.
More about Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA is a prominent player in the aviation industry, primarily offering low-cost airline services. The company focuses on providing affordable travel options across various destinations, positioning itself as a competitive force in the European airline market.
YTD Price Performance: 24.09%
Average Trading Volume: 7,483,484
Current Market Cap: NOK13.16B
For a thorough assessment of 0FGH stock, go to TipRanks’ Stock Analysis page.