Norsk Hydro ASA (NHYDY) Rating Increased to Hold at Zacks Investment Research
Zacks Investment Research upgraded shares of Norsk Hydro ASA (OTCMKTS:NHYDY) from a sell rating to a hold rating in a report published on Thursday morning.
According to Zacks, “Norsk Hydro ASA is an aluminium company with production, sales and trading activities. The company’s operating segment consists of Bauxite & Alumina, Primary Metal, Metal Markets, Rolled Products, Energy and Other and eliminations. Norsk Hydro ASA is headquartered in Oslo, Norway. “
NHYDY has been the subject of a number of other reports. ValuEngine raised shares of Norsk Hydro ASA from a hold rating to a buy rating in a research note on Friday, September 1st. Deutsche Bank AG downgraded shares of Norsk Hydro ASA from a hold rating to a sell rating in a research note on Thursday, November 9th. BNP Paribas raised shares of Norsk Hydro ASA from a neutral rating to an outperform rating in a research note on Wednesday, September 6th. Finally, Credit Suisse Group raised shares of Norsk Hydro ASA from a neutral rating to an outperform rating in a research note on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Norsk Hydro ASA has a consensus rating of Buy and an average price target of $8.25.
Norsk Hydro ASA (OTCMKTS NHYDY) opened at $7.60 on Thursday. The company has a market cap of $15,521.69, a PE ratio of 19.48, a price-to-earnings-growth ratio of 0.81 and a beta of 0.87. Norsk Hydro ASA has a 12-month low of $4.55 and a 12-month high of $7.93. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.31 and a quick ratio of 1.56.
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Norsk Hydro ASA Company Profile
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