Neste Oyj (OTCMKTS:NTOIY – Get Rating) had its price target boosted by Royal Bank of Canada from €51.00 ($52.58) to €56.00 ($57.73) in a report published on Monday, The Fly reports.
Other analysts have also recently issued research reports about the company. JPMorgan Chase & Co. upped their price objective on Neste Oyj from €53.00 ($54.64) to €55.00 ($56.70) and gave the company an overweight rating in a research report on Friday, July 15th. The Goldman Sachs Group lowered Neste Oyj from a buy rating to a neutral rating in a report on Tuesday, June 14th. Berenberg Bank upped their price objective on Neste Oyj from €47.00 ($48.45) to €50.00 ($51.55) and gave the stock a buy rating in a research note on Friday, June 17th. Barclays dropped their price objective on Neste Oyj from €75.00 ($77.32) to €65.00 ($67.01) in a research note on Wednesday, April 6th. Finally, Societe Generale boosted their target price on Neste Oyj from €40.00 ($41.24) to €45.00 ($46.39) in a research report on Tuesday, May 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, Neste Oyj has a consensus rating of Hold and a consensus target price of $54.20.
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Shares of OTCMKTS:NTOIY opened at $25.55 on Monday. The stock has a fifty day simple moving average of $22.91 and a two-hundred day simple moving average of $22.05. Neste Oyj has a 12-month low of $16.76 and a 12-month high of $32.68.
Neste Oyj Company Profile
(Get Rating)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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