Pandora A/S

Pandora designs, manufactures and markets jewelry made from genuine metals. Co. designs, produces and sells charms, bracelets, rings, necklaces, pendants and earrings. Co.'s products are made from gold, silver, gemstones, cultured pearls and stones and other jewelry materials. Co.'s jewelry is sold in more than 90 countries on six continents through approximately 9,900 points of sale, including more than 1,400 concept stores. Co.'s products are sold globally through such points of sale as concept stores, silver stores, gold stores, shop-in-shops and white stores.
  • TickerPNDORA
  • ISINDK0060252690
  • ExchangeNasdaq Nordic Copenhagen
  • SectorPersonal Goods
  • CountryDenmark

Analysts

Expert Corporate Governance Service (ECGS)

Pandora- EGM 04 December 2019

In general, Pandora is in compliance with the Danish regulations relating to the organisation and procedures of the Extraordinary General Meeting. ECGS notes that the current Chairman of the board of directors, Mr. Peder Tuborgh, expects to resign from the board with effect as of December 31, 2019. Under ITEM 1, it is proposed to newly appoint Mr. Peter A. Ruzicka as Chairman of the board of directors. The proposed term of appointment of 1 year is in line with provision 3.1.5 of the Danish Recommendations on Corporate Governance. Based on the available information, Mr. Ruzicka would qualify ...

Pandora AS: 1 director bought

A director at Pandora AS bought 10,500 shares at 288.500DKK and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board ...

Ole Martin Westgaard

Pandora (Hold, TP: DKK270.00) - The jury is still out

The Q3 report was uninspiring with weak results and lowered 2019 guidance. Furthermore, the outlook for a turnaround in the very weak LFL sales trend following the brand relaunch remains subdued and highly dependent upon strong sales in December. We reiterate our HOLD and our DKK270 target price.

Ole Martin Westgaard

Pandora (Hold, TP: DKK270.00) - The jury is still out

The Q3 report was uninspiring with weak results and lowered 2019 guidance. Furthermore, the outlook for a turnaround in the very weak LFL sales trend following the brand relaunch remains subdued and highly dependent upon strong sales in December. We reiterate our HOLD and our DKK270 target price.

Bengt Jonassen ...
  • Haakon Amundsen
  • Jannick Lindegaard Denholt
  • Karl Fredrik Schjøtt-Pedersen
  • Magnus Andersson
  • Morten Raunholt Eismark

Talking Points - EQT (Hold): Addicted to performance

Lundbeck (Hold) Post-results comment: All eyes on 2020 progress and execution Strong top-line growth and margin expansion Initiating coverage with HOLD - TP of SEK 100

Morten Raunholt Eismark

Pandora - Taking the medicine

Q3 2019 hurt by doing the right things All eyes on Q4 BUY recommendation intact

Morten Raunholt Eismark

Pandora - Q3 19: LFL

Key LFL performance and one-offs dominating New chairman of the board comes with good merits Guidance and estimates

Bengt Jonassen ...
  • Haakon Amundsen
  • Jan Erik Gjerland
  • Jannick Lindegaard Denholt
  • John Olaisen
  • Karl Fredrik Schjøtt-Pedersen
  • Morten Raunholt Eismark

Talking Points - GN Store Nord (Buy): Still much more to give

Demant (Buy) Preview: All eyes on detailed guidance and momentum Reaching FY´19 guidance should be attainable Upgrade to BUY (Hold): new of TP DKK 320 (325)

Pandora AS: 1 director bought

A director at Pandora AS bought 10,500 shares at 288.500DKK and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board ...

Alexander Aukner ...
  • Christoffer Wang Bjørnsen
  • Frank Maaø
  • Joachim Gunell
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Rune Majlund Dahl

Northern Lights

Karl-Johan Bonnevier ...
  • Martin Arnell
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Rune Majlund Dahl

Northern Lights

Alexander Aukner ...
  • Joachim Gunell
  • Karl-Johan Bonnevier
  • Mats Bye
  • Nicolay Dyvik
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Patrik Ling
  • Rune Majlund Dahl
  • Simen Mortensen

Northern Lights

Eivind Sars Veddeng ...
  • Ole Martin Westgaard
  • Ole-Andreas Krohn

Northern Lights

Frank Maaø ...
  • Håkon Astrup
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Arnell
  • Mats Bye
  • Mattias Holmberg
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Rune Majlund Dahl
  • Simen Mortensen
  • Viktor Trollsten

Northern Lights

Increased risk weighs on PANDORA A/S, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of PANDORA A/S (DK), active in the Clothing & Accessories industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date October 11, 2019, the closing price was DKK 276.10 and its target price was estimated at DKK 212.88.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

Pandora- EGM 04 December 2019

In general, Pandora is in compliance with the Danish regulations relating to the organisation and procedures of the Extraordinary General Meeting. ECGS notes that the current Chairman of the board of directors, Mr. Peder Tuborgh, expects to resign from the board with effect as of December 31, 2019. Under ITEM 1, it is proposed to newly appoint Mr. Peter A. Ruzicka as Chairman of the board of directors. The proposed term of appointment of 1 year is in line with provision 3.1.5 of the Danish Recommendations on Corporate Governance. Based on the available information, Mr. Ruzicka would qualify ...

Expert Corporate Governance Service (ECGS)

Pandora - March, 13 2019

In general, Pandora is in compliance with the Danish regulations relating to the organisation and procedures of the Annual General Meeting. Under ITEM 5.1, it is proposed to re-appoint Mr. Peder Tuborgh as Chairman of the board of directors. Although Mr. Tuborgh is considered independent, ECGS has concerns over his aggregate time commitments. Mr. Tuborgh is serving as CEO of Arla Foods amba (substantial non-listed company) and Chairman of the board of directors of Pandora A/S (listed), which exceeds ECGS' guidelines. ECGS furthermore notes that Mr. Tuborgh is currently chairing the Company's ...

Pandora – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Louis AZAIS

Short term view - PANDORA A/S : The support has been breached.

The previous low has been broken, the bearish trend is confirmed. The next target is at dk 396.50. The invalidation level is above dk 520.40.Arguments :- The support has been breached.- The target is close.

Louis AZAIS

Analyse court terme - PANDORA A/S : Le support est enfoncé.

Le précédent creux vient d'être enfoncé, ceci confirme la tendance baissière. Le prochain objectif est à 396,50 dk. Le niveau d'invalidation est au-dessus de 520,40 dk.Arguments :- Le support est enfoncé.- L'objectif est proche.

Louis AZAIS

Short term view - PANDORA A/S : The major support has been breached.

The previous low has been broken, the bearish trend is confirmed. The next target is at dk 449.30. The invalidation level is above dk 706.40.Arguments :- The major support has been breached.- The target is close.- Prices are breaking below the moving average, it is a sign of weakness.

Louis AZAIS

Analyse court terme - PANDORA A/S : Le support majeur est enfoncé.

Le précédent creux vient d'être enfoncé, ceci confirme la tendance baissière. Le prochain objectif est à 449,30 dk. Le niveau d'invalidation est au-dessus de 706,40 dk.Arguments :- Le support majeur est enfoncé.- L'objectif est proche.- Les prix enfoncent la moyenne mobile, c'est un signal de faiblesse.

Valérie GASTALDY

Medium term view - PANDORA A/S : The moving average is capping prices.

The trend has been momentarily interrupted by a correction. Prices just hit the resistance, it is probably resuming. The next target is at dk 377.00. The invalidation level is above dk 704.60.Arguments :- The major resistance has been reached, it causes the fall.- The moving average is capping prices.- The reaction on the support is weak, we anticipate its break soon.

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