Earlier tonight, we sent out an update mistakenly stating the target price was unchanged, when in fact the TP was lowered to NOK 49/sh from NOK 50/sh. We reiterate our Hold recommendation with a TP of NOK 49/sh. YTD trading updates have been mixed; occupancy figures have shown a promising development as historical seasonality suggests that the company will reach its 2026 target (target: 75-80%, ARCe: 76%). In contrast, the ACR development is so far tracking below the company’s 2026 target (targe ....
