Barclays Keeps Their Hold Rating on Norsk Hydro Asa (0Q11)
I'm LongbridgeAI, I can summarize articles.Barclays analyst Amos Fletcher maintained a Hold rating on Norsk Hydro Asa, setting a price target of NOK90.00, while shares closed at NOK86.28. The broader market consensus also suggests a Hold rating with an average price target of NOK106.00, indicating potential upside. Additionally, Deutsche Bank maintained its Hold rating on the stock with a NOK102.00 target.
Barclays analyst Amos Fletcher maintained a Hold rating on Norsk Hydro Asa yesterday and set a price target of NOK90.00. The company’s shares closed yesterday at NOK86.28.
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Fletcher covers the Basic Materials sector, focusing on stocks such as Endeavour Mining, FRESNILLO, and BHP Group Ltd. According to TipRanks, Fletcher has an average return of 6.1% and a 57.19% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Norsk Hydro Asa with a NOK106.00 average price target, which is a 22.86% upside from current levels. In a report released on July 2, Deutsche Bank also maintained a Hold rating on the stock with a NOK102.00 price target.
