Goldman Sachs Group downgraded shares of Norsk Hydro ASA (OTCMKTS:NHYDY) from a buy rating to a neutral rating in a report released on Friday morning.

Several other research analysts have also recently issued reports on the stock. ValuEngine cut shares of Norsk Hydro ASA from a buy rating to a hold rating in a report on Wednesday. Zacks Investment Research upgraded shares of Norsk Hydro ASA from a sell rating to a hold rating in a report on Thursday, November 23rd. Finally, Deutsche Bank cut shares of Norsk Hydro ASA from a hold rating to a sell rating in a report on Thursday, November 9th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. Norsk Hydro ASA has a consensus rating of Hold and an average target price of $8.25.

Norsk Hydro ASA (OTCMKTS:NHYDY) remained flat at $$6.44 during trading on Friday. 35,533 shares of the company traded hands, compared to its average volume of 25,418. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.31 and a quick ratio of 1.56. The firm has a market capitalization of $13,156.92, a P/E ratio of 16.51, a PEG ratio of 0.70 and a beta of 0.82. Norsk Hydro ASA has a 52 week low of $4.55 and a 52 week high of $7.93.

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Norsk Hydro ASA Company Profile

Analyst Recommendations for Norsk Hydro ASA (OTCMKTS:NHYDY)

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