Neste Oyj Declares Dividend of $0.12 (OTCMKTS:NTOIY)

Neste Oyj (OTCMKTS:NTOIYGet Rating) announced a dividend on Thursday, September 22nd, investing.com reports. Investors of record on Friday, September 30th will be given a dividend of 0.1193 per share on Monday, October 24th. This represents a yield of 1.17%. The ex-dividend date is Thursday, September 29th.

Neste Oyj Trading Up 0.5 %

Shares of OTCMKTS:NTOIY opened at $21.19 on Friday. The business’s 50 day simple moving average is $24.05 and its two-hundred day simple moving average is $22.79. Neste Oyj has a 52-week low of $16.76 and a 52-week high of $31.96.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on NTOIY shares. Royal Bank of Canada raised their target price on Neste Oyj from €51.00 ($52.04) to €56.00 ($57.14) in a report on Monday, August 1st. The Goldman Sachs Group lowered Neste Oyj from a “buy” rating to a “neutral” rating in a report on Tuesday, June 14th. Berenberg Bank lifted their price target on Neste Oyj from €50.00 ($51.02) to €57.00 ($58.16) and gave the stock a “buy” rating in a report on Tuesday, August 2nd. Finally, JPMorgan Chase & Co. raised their target price on Neste Oyj from €53.00 ($54.08) to €55.00 ($56.12) and gave the stock an “overweight” rating in a research report on Friday, July 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Neste Oyj currently has a consensus rating of “Hold” and an average target price of $55.60.

About Neste Oyj

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Neste Oyj provides renewable and oil products in Finland and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, renewable jet fuels and solutions, and renewable solvents, as well as raw material for bioplastics based on its technology to wholesale markets.

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