Shares of Norsk Hydro (OTCMKTS:NHYDY) have received an average recommendation of “Hold” from the eight brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have assigned a buy recommendation to the company.
NHYDY has been the subject of several research reports. Deutsche Bank upgraded shares of Norsk Hydro from a “hold” rating to a “buy” rating in a research report on Wednesday, April 18th. ValuEngine upgraded shares of Norsk Hydro from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Zacks Investment Research upgraded shares of Norsk Hydro from a “hold” rating to a “buy” rating and set a $7.50 price objective for the company in a research report on Wednesday, March 14th. Finally, Goldman Sachs lowered shares of Norsk Hydro from a “neutral” rating to a “sell” rating in a research report on Monday, May 7th.
Shares of Norsk Hydro opened at $6.32 on Monday, according to MarketBeat.com. The stock has a market capitalization of $12.92 billion, a P/E ratio of 13.17, a P/E/G ratio of 0.44 and a beta of 0.95. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.64 and a quick ratio of 1.01. Norsk Hydro has a 52-week low of $5.11 and a 52-week high of $7.93.
About Norsk Hydro
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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