Salmon shares have fared poorly on the Oslo Stock Exchange in the third quarter, amid lower prices and production problems.
While those problems -- particularly disease issues in Chile -- will impact larger players such as Cermaq and Marine Harvest, shares of other firms are trading at a discount, analyst Henning Lassen of Pareto Securities wrote Oct. 1.
"It's time to go bullish on [Leroy Seafood Group] again," Lassen wrote. "The long-term story is strong, and the 2Q problems with the recently acquired Austevoll will be sorted out over the medium term.