Orkla stock gains on the European Candy Group deal

Published on 09/17/2026 at 20:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Orkla stock traded at NOK 91.15 on September 17, 2026 after Orkla Snacks completed The European Candy Group acquisition. Analysts tracked on MarketScreener showed a NOK 111.00 target.

Fotorealistische Lebensmittelfabrik mit Verpackungsanlage, passend zu Orkla ASA Konsumgüterproduktion — Orkla ASA NO0003733800 zeigt eine fotorealistische moderne Lebensmittelfabrik mit Verpackungslinie und Edelstahlanlagen im Werk, Illustration mit AI erstellt.

Orkla stock (ISIN NO0003733800) traded at NOK 91.15 on September 17, 2026, while MarketScreener showed an average target price of NOK 111.00 and a consensus recommendation of hold.

Candy deal closes

According to Mynewsdesk on September 17, 2026, Orkla Snacks completed the acquisition of The European Candy Group and said it had bought 100 percent of the shares in CCI. The company also said the deal had already been announced on July 31, 2026.

TradingView reported on September 17, 2026 that CCI will be consolidated into Orkla's financial statements from September 16, 2026, which makes the transaction relevant for the next quarterly comparison.

Targets and valuation

MarketScreener's analyst overview showed Pareto Securities cutting Orkla to NOK 105 from NOK 113 on August 25, 2026, while keeping a hold rating, and Handelsbanken lowering its target to NOK 105 from NOK 115 on August 24, 2026. The same overview also showed DNB Carnegie lifting its rating to hold from sell on August 21, 2026 with a NOK 95 target, and SEB cutting its target to NOK 97 from NOK 107 on August 21, 2026.

For investors, the key comparison is the gap to the market view: MarketScreener put the average target at NOK 111.00, which is NOK 19.85 above the last close of NOK 91.15. The same page showed 8 analysts and a 21.78 percent gap to the average target.

Stock near NOK 91

Orkla stock ended at NOK 91.15 on Oslo Bors on September 17, 2026, according to the real-time snapshot shown in MarketScreener. Morningstar's quote page showed a market cap of NOK 89.68 billion and a 52-week range of NOK 92.20 to NOK 131.20 as of September 4, 2026.