Kongsberg Gruppen ASA
KOG: XOSL (NOR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
NOK 291.00 | Wps | Bmfwfcvt |
Kongsberg Gruppen: Initiating Coverage With Fair Value Estimate of NOK 630; Shares Fairly Valued
We are initiating coverage of Kongsberg Gruppen with a wide moat and fair value estimate of NOK 630 per share, backed by a higher share of aftermarket revenue in maritime for vessels upgrades and expected increases in defense spending amid growing global threats. Shares are trading at our fair value estimate.