Norsk Hydro ASA (OTCMKTS:NHYDY) has earned an average rating of “Hold” from the eleven research firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and six have assigned a buy recommendation to the company.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Norsk Hydro ASA from a “buy” rating to a “hold” rating in a research note on Saturday, January 19th. Nordea Equity Research upgraded shares of Norsk Hydro ASA from a “hold” rating to a “buy” rating in a research note on Friday. Macquarie assumed coverage on shares of Norsk Hydro ASA in a research note on Thursday, March 7th. They issued an “outperform” rating on the stock. ValuEngine upgraded shares of Norsk Hydro ASA from a “sell” rating to a “hold” rating in a research note on Wednesday, December 5th. Finally, Pareto Securities cut shares of Norsk Hydro ASA from a “buy” rating to a “hold” rating in a research note on Friday, February 8th.

Shares of OTCMKTS:NHYDY opened at $4.09 on Friday. Norsk Hydro ASA has a twelve month low of $3.78 and a twelve month high of $7.05. The company has a current ratio of 1.59, a quick ratio of 0.82 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $8.37 billion, a PE ratio of 12.03, a price-to-earnings-growth ratio of 1.06 and a beta of 0.74.

Norsk Hydro ASA (OTCMKTS:NHYDY) last issued its quarterly earnings data on Thursday, February 7th. The industrial products company reported ($0.01) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.04). Norsk Hydro ASA had a return on equity of 6.32% and a net margin of 2.79%. The business had revenue of $4.54 billion during the quarter. As a group, analysts expect that Norsk Hydro ASA will post 0.4 EPS for the current fiscal year.

Norsk Hydro ASA Company Profile

Norsk Hydro ASA operates as an integrated aluminum company worldwide. It operates in six segments: Bauxite & Alumina, Primary Metal, Metal Markets, Rolled Products, Extruded Solutions, and Energy. The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, as well as the sale of alumina.

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Analyst Recommendations for Norsk Hydro ASA (OTCMKTS:NHYDY)

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