ShippingWatch

Increased attention to DFDS stock

DFDS’ strong market positions in the Baltic Sea and the North Sea is making more share analysts cover the stock which could prove to be even more interesting if A.P. Moeller – Maersk decides to sell its shareholding of 30 percent.

DFDS’ strong market positions in the Baltic Sea and the North Sea and the company’s focus on the growth market in Russia has fostered increased interest among share analysts, among these Handelsbanken, which resumes its coverage of DFDS with the “buy” recommendation. With that, top executive of DFDS, Niels Smedegaard (see photo), and the rest of the management can look forward to a more systematic monitoring from the stock market.

“We like the stock because of the exposure toward Eastern Europe, DFDS’ very strong market position in the Baltic States, as in the Baltic Sea and the North Sea, and finally, we think there is an attractive stock price,” says share analyst, Dan Togo Jensen. In a Friday report to its customers, the bank establishes the importance of DFDS’ exposure in Eastern Europe where the growth is higher than in the rest of Europe, which will have a positive effect on stock volumes.

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