Norsk Hydro ASA (NHYDY) Stock Rating Lowered by Goldman Sachs Group
Norsk Hydro ASA (OTCMKTS:NHYDY) was downgraded by investment analysts at Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Friday.
NHYDY has been the subject of several other reports. Zacks Investment Research downgraded Norsk Hydro ASA from a “buy” rating to a “sell” rating in a research note on Saturday, October 28th. ValuEngine raised Norsk Hydro ASA from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Deutsche Bank downgraded Norsk Hydro ASA from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. Finally, BNP Paribas raised Norsk Hydro ASA from a “neutral” rating to an “outperform” rating in a research note on Wednesday, September 6th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. Norsk Hydro ASA has a consensus rating of “Hold” and an average target price of $8.25.
Norsk Hydro ASA (OTCMKTS:NHYDY) opened at $6.44 on Friday. Norsk Hydro ASA has a 52 week low of $4.55 and a 52 week high of $7.93. The company has a quick ratio of 1.56, a current ratio of 2.31 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $13,156.92, a price-to-earnings ratio of 16.51, a P/E/G ratio of 0.70 and a beta of 0.82.
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About Norsk Hydro ASA
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