Kepler Cheuvreux analyst Martin Granviken upgraded AF Gruppen (AGRUF) to Buy from Hold with a price target of NOK 180, up from NOK 160. On 2026 consensus multiples, the stock trades at a historical discount, notes the analyst, who believes the stock will strengthen on multiples amid improving market conditions following a “clear” Q2 beat.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AGRUF:
- AF Gruppen Secures Asker Town Hall Rehabilitation Contract
- AF Gruppen ASA Reports Strong Q2 2025 Performance
- AGRUF Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- AF Gruppen’s HMB Construction Secures Major Contract with Westinghouse Electric Sweden
- AF Gruppen Secures Major Sports Hall Project in Göteborg