February 3, 2017 / 7:40 AM / 10 months ago

NORDIC STOCKS - Factors to watch on Feb 3

The following stocks may be affected by newspaper reports and other factors on Friday:


The Swedish construction group reported a surprise rise in fourth-quarter operating profit helped by stronger-than expected performance at its property development operations.

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Finnish engineering group Metso reported weaker-than-expected adjusted core earnings (EBITA) of 64 million euros for the fourth quarter and said it was still to early to announce a meaningful recovery though it expected slightly better overall trading conditions in 2017.

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The Danish telecom operator reported fourth-quarter operating earnings of 695 million crowns ($100.5 million), missing the mean forecast in a Reuters poll of analysts of 947 million.

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Nordea has raised its recommendation for the Swedish biometrics firm to buy from neutral, but stuck to its price target of 60 crowns per share. The Fingerprint share closed at 49.52 crowns on Thursday.

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Deutsche Bank raised its recommendation on the Finnish stainless steel maker to “buy” from “hold”, and its target price to 11 eleven euros from 7 euros.

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Reporting by Copenhagen, Oslo, Helsinki and Stockholm newsrooms $1 = 6.9130 Danish crowns

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