Shares of Neste Oyj (OTCMKTS:NTOIY – Get Rating) have received an average recommendation of "Hold" from the ten ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $55.60.
A number of research analysts have issued reports on the stock. Berenberg Bank upped their target price on shares of Neste Oyj from €50.00 ($51.02) to €57.00 ($58.16) and gave the company a "buy" rating in a research report on Tuesday, August 2nd. JPMorgan Chase & Co. increased their price target on shares of Neste Oyj from €53.00 ($54.08) to €55.00 ($56.12) and gave the company an "overweight" rating in a research report on Friday, July 15th. The Goldman Sachs Group downgraded shares of Neste Oyj from a "buy" rating to a "neutral" rating in a research report on Tuesday, June 14th. Finally, Royal Bank of Canada increased their price target on shares of Neste Oyj from €51.00 ($52.04) to €56.00 ($57.14) in a research report on Monday, August 1st.
Get Neste Oyj alerts:Neste Oyj Stock Performance
Neste Oyj stock opened at $24.15 on Tuesday. Neste Oyj has a 1 year low of $16.76 and a 1 year high of $32.24. The company's 50-day moving average is $24.10 and its two-hundred day moving average is $22.68.
About Neste Oyj
(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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