(ADPnews) - Nov 29, 2010 - Handelsbanken Capital Markets gave a "buy" rating on the stock in photovoltaic (PV) equipment maker Renewable Energy Corporation ASA (OSL:REC), or REC.
Analyst Anita Huun told Norwegian business daily Finansavisen that REC has improved its market position and has secured a financial plan.
REC closed at NOK 16.30 on the Oslo Stock Exchange (OSE) on Friday, gaining 0.45% on the day.
(NOK 1.0 = USD 0.164/EUR 0.123)
Choose your newsletter by Renewables Now. Join for free!
You have run out of free articles this month. Get more for free
Norway to assess three offshore wind areas for 2025 tender
Weekly renewables M&A round-up (Sep 4-8)
Octopus invests in offshore wind developer Deep Wind Offshore
US DoE allocates up to USD 325m to long-duration storage projects
Ecuador to invest USD 282m in grids for sustainable shrimp farming
Weekly renewables M&A round-up (Sept 18-22)
Mariyana is a founding member of the Renewables Now team. With nine years of professional experience in renewables she has built strong expertise in the wind industry and French-speaking markets.