Analysts' latest advice on the stocks of Faroese salmon farmer Bakkafrost varied after the company presented its results for the fourth quarter of 2018.

Sparebank 1 Markets downgraded its recommendation to "sell" from "hold" and cut the price target 5 percent to NOK 410 (€41.80/$47.60).

Kepler Cheuvreux also downgraded its recommendation to "hold" from "buy" and reduced the price target per share by 13 percent to NOK 452 (€46.10/$52.40).

Other analysts, meanwhile gave a slightly different outlook with SEB upgrading from "hold" to "buy", although still trimming the price target 2 percent to NOK 482 (€49.20/$55.90).