On Tuesday morning, the Helsinki Stock Exchange sought its direction. The general index was quoted about ten minutes after opening with a 0.1 percent increase at 10,140 points.
The most traded stock of the morning was a network equipment company Nokiawhose appeal was fueled by a Swedish competitor Ericsson (+8.8%) better than expected result. Ericsson’s operating profit was 5.8 billion kroner, while analysts were expecting a result of 5.6 billion kroner.
Nokia’s share opened up 1.4 percent to 4.07 euros. In the other most exchanged In this had decreased by 2.3 percent and Kone 0.9 percent.
In the morning, a technology service company Ette plan warned about his result. The course opened down 6.8 percent to 10.30 euros.
The company now estimates the 2024 turnover to be 355–370 million euros, while at the end of August the estimate was 360–375 million euros.
At the same time, the company also lowered its operating profit forecast. Now the operating profit is expected to be 18–22 million euros, while in August the estimate was 24–27 million euros.
“Etteplan is reducing its previous estimate of turnover and operating profit for 2024 due to market demand and business and organizational restructuring,” states the company’s press release.
A software company Hedgehog Solutions informed that Maria Niiniharju has been appointed as the director responsible for the Private business.
At the same time, he will also become a new member of the company’s management team. Niiniharju is transferred to Siili Futuriceltawhere he has been responsible for new customer acquisition and customer relationship management in the private sector.
Several changes to investment recommendations and target prices
Nordea lowers Anoran target price to 7.5 euros from the previous 8.1 euros, while still maintaining his buy recommendation. The share was down 2.3 percent at 3.69 euros.
Carnegie Group calculates Kamuxin the target price to 4.2 euros, when it was 5.1 euros previously, but keeps the buy recommendation in effect. The share opened up 1.2 percent to 3.72 euros.
SEB increases Sanoman the target price to 8.0 euros from the previous 7.9 euros, and at the same time maintains the buy recommendation. The stock opened Monday’s closing level at 6.82 euros.
Inderes lowers Anora’s recommendation to a reduce level instead of the previous increase level, and at the same time the target price drops to 3.80 euros from the previous 5.00 euros.
Inderes also lowers Kamuxin target price to 4.20 euros from the previous 4.50 euros, but the add recommendation remains unchanged.
Danske Bank laskee Talenomin the target price to 6.0 euros, when it was 6.5 euros before. The share opened up 0.4 percent to 4.16 euros.
OP laskee Miscarriage to the add level of the recommendation instead of the previous buy level, but the target price remains at 19.50 euros. The share opened at 18.59 euros with an increase of 1.0 percent.
OP laskee Fodelian to the add level of the recommendation, instead of the previous buy recommendation, and keeps the target price unchanged at 6.50 euros. The share opened down 0.7 percent to 5.98 euros.
OP revises Anora’s target price to 4.50 euros from the previous 5.20 euros, but maintains the buy recommendation.
OP laskee I coached the target price to 29.00 euros from the previous 30.00 euros and updates the recommendation to the add level instead of the previous buy level. The share opened at 24.98 euros with an increase of 0.5 percent.
Source: www.arvopaperi.fi
