• (PLX AI) – Jyske Bank shares rose 3% at the open after Nordea analysts upgraded the stock to buy from hold.
  • • Price target DKK 425
  • • Jyske's acquisition of Handelsbanken's Danish operations was a solid deal, Nordea said
  • • Asset quality seems very strong and the acquisition will make it easier for Jyske to keep trimming costs, Nordea said
  • • Another Danish Central Bank rate increase by 50 bp would boost Jyske's 2023 EPS by 9%, Nordea estimated

Quelle: PLX AI