- Bakkafrost’s preliminary farming harvest volume for the third quarter in the Faroe Islands is 25,400 tonnes. This surpasses the estimated volume of 23,639 tonnes.
- The preliminary harvested volume for Scotland is reported to be 5,300 tonnes.
- Current analyst recommendations for Bakkafrost include 5 buy ratings, 5 hold ratings, and 1 sell rating.
A look at Bakkafrost P/F Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Bakkafrost P/F shows a promising long-term outlook. The company receives strong ratings across various factors, with a notable score of 4 for its value proposition. This indicates that Bakkafrost P/F is perceived as having attractive valuations in the market, offering potential for solid returns. Additionally, the company scores well in dividend, growth, resilience, and momentum, further underlining its positive overall outlook.
Bakkafrost P/F, a fish farm operator, is strategically positioned in the market to capitalize on the growing demand for salmon products. With its own processing facilities and a diverse product range, including fresh, smoked, and frozen salmon portions, the company caters to various segments of the market. This diversified approach enhances Bakkafrost’s resilience and growth potential, supported by its solid momentum in the industry. Overall, Bakkafrost P/F appears well-equipped to navigate the sector’s challenges and leverage opportunities for future success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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