Nordic Semiconductor rising 4.6 percent to 40.66 kroner after the publication of the figures.
-No big surprises, but the company expects flat proprietary revenues in 2016 compared with 2015. It is very positive and probably explains the rise today, says analyst Alexander Autumn in ABG Sundal Collier to TDN Finans.
Autumn believes Nordic Semiconductor is a stock you should own in 2016. He has a buy recommendation with price target 60 million.
– I mean Nordic is a fantastic company and a clear theme for 2016. We just have to buy with both hands, says he news agency.
the analyst believes Nordic Semiconductor is a clear takeover candidate which will be of great strategic value for any buyer.
– One can get rates that are far above the fundamental value. There we see Opera Software where the bid is 71 million, far above the closing market price before the bid, said Autumn.
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