There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Norsk Hydro Asa (GB:0Q11 – Research Report) and Neste Corporation (GB:0O46 – Research Report) with bullish sentiments.
Norsk Hydro Asa (GB:0Q11)
In a report issued on February 8, Andreas Nygard from Kepler Capital maintained a Buy rating on Norsk Hydro Asa, with a price target of NOK71.00. The company’s shares closed last Friday at NOK59.07.
According to TipRanks.com, Nygard is ranked #619 out of 8715 analysts.
Norsk Hydro Asa has an analyst consensus of Strong Buy, with a price target consensus of NOK78.83.
Neste Corporation (GB:0O46)
Kepler Capital analyst Pablo Cuadrado maintained a Buy rating on Neste Corporation on February 8 and set a price target of EUR43.00. The company’s shares closed last Friday at EUR26.98, close to its 52-week low of EUR20.11.
Cuadrado has an average return of 12.0% when recommending Neste Corporation.
According to TipRanks.com, Cuadrado is ranked #1048 out of 8715 analysts.
Neste Corporation has an analyst consensus of Strong Buy, with a price target consensus of EUR41.26, representing a 48.3% upside. In a report issued on February 5, UBS also maintained a Buy rating on the stock with a EUR42.00 price target.
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