Industrivärden is trading at a premium to its net asset value. This has prompted SEB to reiterate its sell recommendation and also lower the target price to SEK 482 from the previous SEK 496. The bank's central argument is simple but apt: the portfolio's holdings can be purchased directly on the stock exchange. Paying a premium for the investment company structure is therefore difficult to justify. The package costs more than the contents The sh…
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Industrivärden is trading at a premium to its net asset value. This has prompted SEB to reiterate its sell recommendation and also lower the target price to SEK 482 from the previous SEK 496. The bank's central argument is simple but apt: the portfolio's holdings can be purchased directly on the stock exchange. Paying a premium for the investment company structure is therefore difficult to justify. The package costs more than the contents The sh…