Swedbank keeps an eye on Tallink stock18.07.2011, 10:30
Despite recent news that Tallink suffered a loss in profits, Swedbank still advises to purchase Tallink’s stock.
Encouraged by the fact that the loss was due to increase in fuel prices and that profit per passenger and trading unit was ascended, Swedbank continually supports Tallink's stock.
Swedbank noted that all in all, the results were neutral with minor deviations of positive and negative influence. Swedbank carries on being optimistic for Tallink’s future as the enterprise’s possibilities to raise prices are getting better, the fuel prices are going down and the number of passenger increases.
Swedbank keeps the aim for price of 1 euro per share.