Stock Market Analyst Values Nova 50% Above Market Price
A stock market analyst considers Nova to be an obvious takeover option in the telecommunications market.
Analysis firm Akkur values Nova shares at ISK 7.32 per share by the end of 2025; 52% higher than the current market price of ISK 4.82 for the telecommunications company’s shares.
Akkur says that Nova is a clear takeover option in the telecommunications market. The analysis, which was conducted by Akkur’s founder, Alexander Jensen Hjálmarsson, points out that Nova’s unit revenue, both in terms of mobile and internet, has increased significantly above its competitors. The company, which owns the largest infrastructure of the Icelandic telecommunications companies, also has stable and predictable revenues and margins.
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