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Russian food ban impact

Nordea downgrades Bakkafrost on expected fall in Russia demand, rise in feed prices

Analysts cut ebitda estimates, downgrade stock to hold and lower target price as rising salmon price in Russia expected to eat into demand; higher feed price also expected

By Matt Whittaker | Dec. 16, 2014 17:28 GMT
Nordea downgrades Bakkafrost on expected fall in Russia demand, rise in feed prices
Bakkafrost at the Seafood Expo in Brussels, 2014. Photo: Miriam Okarimia/ Undercurrent News
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