{
  "id": 16724752,
  "title": "Goldman Sachs cuts Gjensidige Forsikring stock rating on normalizing pricing",
  "url": "https://urgent.news/2026/10/27/goldman-sachs-cuts-gjensidige-forsikring-stock-rating-on-normalizing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T07:52:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/goldman-sachs-cuts-gjensidige-forsikring-stock-rating-on-normalizing-pricing-93CH-4974343"
  },
  "original_language": "en",
  "account": "Goldman Sachs downgraded Gjensidige Forsikring ASA, lowering its stock rating to Neutral and shaving its price target. Despite this downgrade, analysts believe the stock could still be undervalued at its current price. The firm highlighted Gjensidige's strong operating performance following pricing adjustments in recent years, with solid retention rates, stable market shares, and expanding margins. The company's return on equity is impressive at 27%, with a dividend yield of 3.8%. Goldman Sachs anticipates the pricing environment to normalize as claims inflation eases. They reduced their FY2027-2030 EPS estimates by around 2.4% on average, reflecting lower growth and margin expansion expectations. Goldman Sachs' consensus estimates and its own projections are well above management's target of below 81% combined ratio for 2027 and 2028. The stock has fallen about 14% year-to-date due to concerns over autonomous vehicles, AI-based distribution, and a Danish Workers' Compensation ruling.",
  "summary": null,
  "key_points": [
    "Goldman Sachs downgrades Gjensidige Forsikring stock rating to Neutral",
    "Cuts price target amid normalization of pricing environment",
    "Anticipates FY2027-2030 EPS estimates to fall 2.4% on average"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}