Neste Oyj (OTCMKTS:NTOIF) Upgraded at Barclays

Barclays upgraded shares of Neste Oyj (OTCMKTS:NTOIF) from an equal weight rating to an overweight rating in a research note released on Tuesday morning, MarketBeat reports.

Several other equities analysts have also issued reports on NTOIF. Royal Bank Of Canada raised Neste Oyj from a “sector perform” rating to an “outperform” rating in a research report on Thursday, March 12th. Berenberg Bank upgraded shares of Neste Oyj from a “hold” rating to a “buy” rating in a research note on Monday, December 15th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.

Neste Oyj Trading Up 28.6%

Shares of OTCMKTS:NTOIF opened at $34.92 on Tuesday. The stock has a fifty day simple moving average of $25.30 and a two-hundred day simple moving average of $21.72. Neste Oyj has a 12-month low of $8.20 and a 12-month high of $34.92.

About Neste Oyj

Neste Oyj is a Finland-based energy company specializing in the refining and marketing of oil products and renewable solutions. Established in 1948 and headquartered in Espoo, the company operates refineries in Finland, the Netherlands and Singapore. Over time, Neste has transformed from a traditional oil refiner into a global supplier of lower-emission fuels and renewable feedstocks.

The company’s business is organized across three primary segments. The Renewable Products segment focuses on producing Neste MY Renewable Diesel, sustainable aviation fuel (SAF) and renewable feedstocks derived from waste and residue oils.