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AKKUR research is first sent to paying subscribers and selected research is made public afterwards, at AKKUR's discretion. Public versions carry the date and time of the original first dissemination.

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AKKURIndependent equity research on Icelandic companies

AKKUR — Greining og ráðgjöf ehf. · Reg. no. 480107-0710 · Reykjavík, Iceland · akkur.net

AKKUR produces investment recommendations within the meaning of Regulation (EU) No 596/2014 (MAR), as implemented in Iceland by Act No. 60/2021, and applies the presentation and disclosure requirements of Commission Delegated Regulation (EU) 2016/958. AKKUR is not authorised by the Financial Supervisory Authority of the Central Bank of Iceland and does not provide investment advice, portfolio management or any other service requiring authorisation.

Any page showing a target price alongside a market price is an investment recommendation. Ratings and target prices reflect AKKUR's most recently published valuation for each company and change only when a new valuation or rating action is published; market prices update continuously. Prices are sourced from TradingView, are delayed by at least 15 minutes, and are not a basis for execution.

Research is for information only. It is not a personal recommendation and takes no account of the objectives, financial situation or needs of any recipient.

© 2026 Akkur – Greining og ráðgjöf ehf. Reproduction or redistribution of AKKUR material, in whole or in substantial part, requires AKKUR's written consent. Quotation with attribution, within the limits of the Icelandic Copyright Act, does not.