According to Zacks, “Norsk Hydro ASA is an aluminium company with production, sales and trading activities. The company’s operating segment consists of Bauxite & Alumina, Primary Metal, Metal Markets, Rolled Products, Energy and Other and eliminations. Norsk Hydro ASA is headquartered in Oslo, Norway. “
A number of other research firms have also recently commented on NHYDY. JPMorgan Chase & Co. cut Norsk Hydro ASA from an overweight rating to an underweight rating in a research note on Monday, February 10th. Goldman Sachs Group raised Norsk Hydro ASA from a sell rating to a neutral rating in a research note on Monday, February 10th. Finally, ValuEngine raised Norsk Hydro ASA from a sell rating to a hold rating in a research note on Wednesday, December 4th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $4.00.
About Norsk Hydro ASA
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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