Norsk Hydro ASA (NHYDY) Downgraded by Goldman Sachs Group
Norsk Hydro ASA (OTCMKTS:NHYDY) was downgraded by equities research analysts at Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Friday, Marketbeat.com reports.
Several other analysts have also weighed in on NHYDY. ValuEngine raised Norsk Hydro ASA from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. BNP Paribas upgraded Norsk Hydro ASA from a “neutral” rating to an “outperform” rating in a research report on Wednesday, September 6th. Zacks Investment Research downgraded Norsk Hydro ASA from a “buy” rating to a “hold” rating in a research report on Friday, September 8th. Finally, Deutsche Bank downgraded Norsk Hydro ASA from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $8.25.
Norsk Hydro ASA (OTCMKTS NHYDY) remained flat at $$6.44 during trading hours on Friday. 34,836 shares of the stock were exchanged, compared to its average volume of 30,475. The firm has a market capitalization of $13,450.00, a price-to-earnings ratio of 16.68, a price-to-earnings-growth ratio of 0.71 and a beta of 0.84. The company has a quick ratio of 1.56, a current ratio of 2.31 and a debt-to-equity ratio of 0.04. Norsk Hydro ASA has a 1-year low of $4.55 and a 1-year high of $7.93.
Receive News & Ratings for Norsk Hydro ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norsk Hydro ASA and related companies with MarketBeat.com's FREE daily email newsletter.