SalMar ASA (OTCMKTS:SALRF) Lifted to Buy at Pareto Securities

Pareto Securities upgraded shares of SalMar ASA (OTCMKTS:SALRF) from a hold rating to a buy rating in a report published on Monday morning, The Fly reports.

Several other research analysts have also recently weighed in on the stock. DNB Markets upgraded shares of SalMar ASA from a hold rating to a buy rating in a research note on Tuesday, June 23rd. Berenberg Bank cut shares of SalMar ASA from a buy rating to a hold rating in a research note on Tuesday, May 26th.

Shares of SalMar ASA stock opened at $54.00 on Monday. The company’s fifty day simple moving average is $50.44 and its 200-day simple moving average is $44.14. SalMar ASA has a 1-year low of $31.70 and a 1-year high of $54.00.

About SalMar ASA

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production; and marine-phase farming, harvesting, packaging, processing, and sale of farmed salmon.

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