Morgan Stanley believes Telenor and Norwegian Hydro is among Europe’s 20 most oversold stocks, given the latest markedsvolatilteten, it goes according to TDN Finans forward a note Wednesday.
Among other stocks on the list are Diageo, Philips, BMW, SAP, LafargeHolcim, Credit Suisse, BNP Paribas and Centrica.
Telenor falling 0.4 percent to 159.80 kroner on the Oslo Stock Exchange Wednesday with Norwegian Hydro draws up 0.2 percent to 26 , 79 million.
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