Analyst Price Target is $675.00
▲ +990.47% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for SalMar ASA in the last 3 months. The average price target is $675.00, with a high forecast of $700.00 and a low forecast of $650.00. The average price target represents a 990.47% upside from the last price of $61.90.
Current Consensus is
The current consensus among 6 polled investment analysts is to hold stock in SalMar ASA. This Hold consensus rating has held steady for over two years.
SalMar ASA engages in processing and trading of all types of fish and shellfish and other related financial activities. It operates through the following segments: Fish Farming Central Norway, Fish Farming Northern Norway, Arnarlax and Sales and Processing. The Fish Farming Central Norway segment controls 68 marine-phase production licenses, and operates several research and development licenses in collaboration with other companies. The Fish Farming Northern Norway segment holds 32 licenses for the production of farmed salmon. The Arnarlax segment produces and processes farmes salmon. The Sales and Processing segment administers the Group's sales activities and onshore processing facilities. The company was founded by Gustav Witzoe on February 8, 1991 and is headquartered in Kverva, Norway.