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Barclays has named three European stocks — Smurfit Kappa , Leroy Seafood and Raiffeisen Bank — for investors to consider buying for the upcoming quarter. 7: Smurfit Kappa Barclays is bullish on paper packaging maker Smurfit Kappa with a £38.30 ($49.10) price target, indicating 16% upside potential. SKG-GB 1Y mountain Leroy Seafood Barclays also highlighted Leroy Seafood Group, a Norwegian seafood company. Raiffeisen Bank Barclays named Raiffeisen Bank International, an Austrian banking group, as another stock to own in the next quarter, giving it an upside potential of 35%. "Strabag deal improves credibility on Russia exit plan," Barclays analyst Krishnendra Dubey said in a note to clients on Mar.
Persons: Kappa, Leroy Seafood, WestRock, Gaurav Jain, Leroy, Krishnendra Dubey Organizations: Barclays, Raiffeisen Bank, U.S, Mar, Smurfit Kappa Barclays, Kappa, Seafood Barclays, Leroy Seafood Group, Raiffeisen Bank Barclays, Raiffeisen Bank International, Raiffeisen, Strabag Locations: London, New York, Norwegian, Austrian, U.S, Russia
Norway to hike taxes by $3 billion on power firms, fish farms
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: +2 min
OSLO, Sept 28 (Reuters) - Norway's centre-left government said on Wednesday it plans to increase taxes on electricity producers and fish farmers to raise an extra 33 billion crowns ($3 billion) a year. "Energy producers and the aquaculture industry make billions of crowns on our common resources," the finance ministry said in a statement. The extra taxes impose a resource rent tax on aquaculture and wind power, an increase in the resource rent tax on hydropower and an extraordinary tax on wind and hydropower due to the very high electricity prices. Costs linked to taking in refugees, ongoing public construction projects, benefit payments and household power subsidies will rise by some 100 billion crowns in 2023, the government has said. ($1 = 10.8822 Norwegian crowns)Register now for FREE unlimited access to Reuters.com RegisterReporting by Terje Solsvik; Editing by Gwladys Fouche and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.
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