SalMar ASA’s (SALRF) “Buy” Rating Reiterated at Berenberg Bank

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SalMar ASA (OTCMKTS:SALRF)‘s stock had its “buy” rating reissued by Berenberg Bank in a research note issued to investors on Thursday, The Fly reports.

A number of other equities analysts have also recently issued reports on the stock. Pareto Securities upgraded shares of SalMar ASA from a “hold” rating to a “buy” rating in a research note on Thursday, February 27th. DNB Markets upgraded shares of SalMar ASA from a “hold” rating to a “buy” rating in a research note on Friday, November 29th.

Shares of OTCMKTS:SALRF remained flat at $$38.76 during midday trading on Thursday. 460 shares of the stock traded hands, compared to its average volume of 667. The firm’s fifty day moving average price is $46.98. SalMar ASA has a one year low of $35.96 and a one year high of $52.85.

About SalMar ASA

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish and smolt production; and marine-phase farming, harvesting, processing, and sale of farmed salmon and white fish. The company sells its products to importers/exporters, processing companies, and retail chains through in-house sales force and/or through partners.

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