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

Financial News Live ·  Sep 27, 2022 09:22

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

Neste Oyj Stock Down 1.7 %

Shares of NTOIY stock opened at $20.16 on Tuesday. Neste Oyj has a one year low of $16.76 and a one year high of $30.40. The stock has a fifty day moving average price of $24.01 and a 200 day moving average price of $22.85.

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Analysts Set New Price Targets

Several research analysts recently commented on the company. 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. The Goldman Sachs Group cut Neste Oyj from a "buy" rating to a "neutral" rating in a research report on Tuesday, June 14th. Berenberg Bank raised their target price on Neste Oyj from €50.00 ($51.02) to €57.00 ($58.16) and gave the stock a "buy" rating in a research report on Tuesday, August 2nd. Finally, Royal Bank of Canada raised their target price on Neste Oyj from €51.00 ($52.04) to €56.00 ($57.14) in a research report on Monday, August 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus 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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