Berenberg downgraded Gjensidige to Sell from Hold with a price target of NOK 160, down from NOK 185. The company’s turnaround in underwriting profitability will take longer than the market expects, the analyst tells investors in a research note.
Berenberg downgraded Gjensidige to Sell from Hold with a price target of NOK 160, down from NOK 185. The company’s turnaround in underwriting profitability will take longer than the market expects, the analyst tells investors in a research note.