Gjensidige Forsikring ASA (0OJC) Receives a Hold from Barclays

Barclays maintained a Hold rating on Gjensidige Forsikring ASA in a report released September 3. Analyst Alessia Magni kept the rating and set a price target of NOK270.00. Shares closed last Thursday at NOK283.80. TipRanks data lists Magni as a 4-star analyst, with an average return of 13.8% and a 65.74% success rate. The analyst consensus for Gjensidige Forsikring ASA remains Hold, with an average price target of NOK274.70. Based on the company’s latest earnings for the quarter ending June 30, Gjensidige Forsikring reported quarterly revenue of NOK12.61 billion and net profit of NOK2.12 billion. Last year’s figures were NOK11.77 billion in revenue and NOK2.3 billion in net profit.