Norsk Hydro (OTCMKTS:NHYDY) has earned a consensus recommendation of “Hold” from the eight brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company.
A number of research analysts have recently commented on NHYDY shares. Zacks Investment Research upgraded Norsk Hydro from a “hold” rating to a “buy” rating and set a $7.75 price target for the company in a research note on Thursday, March 8th. ValuEngine lowered Norsk Hydro from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. Deutsche Bank raised Norsk Hydro from a “hold” rating to a “buy” rating in a research report on Wednesday, April 18th. Finally, Goldman Sachs Group lowered Norsk Hydro from a “neutral” rating to a “sell” rating in a research report on Monday, May 7th.
Norsk Hydro traded down $0.05, hitting $6.18, on Monday, according to MarketBeat Ratings. 9,150 shares of the company’s stock were exchanged, compared to its average volume of 43,434. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.64 and a quick ratio of 1.01. Norsk Hydro has a 52 week low of $5.11 and a 52 week high of $7.93. The stock has a market capitalization of $13.07 billion, a PE ratio of 12.88, a PEG ratio of 0.45 and a beta of 0.95.
Norsk Hydro 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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