Norsk Hydro ASA (NHYDY) Lowered to “Neutral” at Goldman Sachs Group
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
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