UBS Cuts Orkla Rating and Price Target, Flags Margin Pressure and Weaker Jotun Contribution
UBS has downgraded Orkla to Sell from Neutral and trimmed its 12-month price target to NOK 89 from NOK 130, citing rising cost inflation, slowing sales growth and a weakening contribution from associate Jotun. The bank expects consolidated portfolio margins to compress by around 90 basis points between 2025 and 2027, and has reduced Orkla's 2026 an…