Research Analysts’ Recent Ratings Updates for Norsk Hydro ASA (NHYDY)

Norsk Hydro ASA (OTCMKTS: NHYDY) has recently received a number of price target changes and ratings updates:

  • 2/8/2019 – Norsk Hydro ASA was downgraded by analysts at Nordea Equity Research from a “buy” rating to a “hold” rating.
  • 2/8/2019 – Norsk Hydro ASA was downgraded by analysts at Pareto Securities from a “buy” rating to a “hold” rating.
  • 2/6/2019 – Norsk Hydro ASA was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. 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. “
  • 1/30/2019 – Norsk Hydro ASA was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $5.00 price target on the stock. 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. “
  • 1/19/2019 – Norsk Hydro ASA was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. 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. “
  • 1/18/2019 – Norsk Hydro ASA was downgraded by analysts at Goldman Sachs Group Inc from a “buy” rating to a “sell” rating.
  • 12/26/2018 – Norsk Hydro ASA was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. 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. “

OTCMKTS:NHYDY opened at $3.94 on Tuesday. Norsk Hydro ASA has a 1-year low of $3.94 and a 1-year high of $7.59. The stock has a market capitalization of $8.11 billion, a P/E ratio of 11.59, a price-to-earnings-growth ratio of 1.10 and a beta of 0.82. The company has a quick ratio of 1.00, a current ratio of 1.71 and a debt-to-equity ratio of 0.11.

Norsk Hydro ASA (OTCMKTS:NHYDY) last released its quarterly earnings results on Thursday, February 7th. The industrial products company reported ($0.01) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.04). The firm had revenue of $4.54 billion for the quarter. Norsk Hydro ASA had a net margin of 2.79% and a return on equity of 6.22%. Analysts predict that Norsk Hydro ASA will post 0.4 earnings per share for the current fiscal year.

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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