Kongsberg Gruppen ASA
KOG: XOSL (NOR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
NOK 619.00 | Jxsfb | Gpngxvsfkz |
Kongsberg Earnings: Solid Performance; Increasing Fair Value to NOK 850 on Higher Defense Spending
Wide-moat Kongsberg reported strong first-quarter results. We are increasing our fair value estimate to NOK 850 from NOK 630 on the back of higher budgeted defense spending by Norway and Europe.