Oil producers in Iraqi Kurdistan are an attractive investment after falling at least 25 percent since early July on fears that violence in the region would disrupt operations, analysts said. It’s unlikely that the northern semi-autonomous Kurdistan region will be overtaken by Islamic State fighters, and that risk has been reduced as the U.S. and France moved to arm Kurdish forces, analysts from Swedbank AB, Pareto Securities AS, and RBC Capital Markets said. Swedbank today raised its recommendation on Oslo-based DNO ASA (DNO) to buy from neutral, and the shares rose 8.3 percent in Oslo trading. Genel Energy Plc began a share buyback, repurchasing 155,000 ordinary shares and sending its stock rallying 7.6 percent. “It’s worth betting on,” Swedbank analyst Teodor Sveen Nilsen said in a phone interview, referring to DNO. “The discount is big, and the values we’re basing it on already take into account that it’s not […]