Aker traded at 889.00 this Friday February 6th. Looking back, over the last four weeks, Aker lost 16.36 percent. Over the last 12 months, its price rose by 49.92 percent. Looking ahead, we forecast Aker to be priced at 868.55 by the end of this quarter and at 812.73 in one year, according to Trading Economics global macro models projections and analysts expectations.
Aker ASA is a Norway-based industrial investment company engaged in active ownership. The Company organizes its business activities into two segments: Industrial investments and Financial investments. The Industrial investments segment comprises the Company’s ownership interest in companies, such as Ocean Yield ASA, Aker Biomarine AS and Havfisk ASA. The Financial investment segment comprises cash, real estate, shares in funds and other financial assets of the Company and holding companies, with an exception of industrial equity investments. The Company’s ownership interests are concentrated on the business sectors: energy, environment, fisheries and marine biotechnology, and finance. The parent company of Aker ASA is TRG Holding AS.