In a report released today, Erwan Kerouredan from RBC Capital maintained a Buy rating on NEL ASA (NLLSF – Research Report), with a price target of NOK22.00. The company’s shares opened today at $1.16.
According to TipRanks, Kerouredan is an analyst with an average return of -6.6% and a 34.29% success rate.
NEL ASA has an analyst consensus of Moderate Buy, with a price target consensus of $1.62.
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The company has a one-year high of $1.95 and a one-year low of $0.90. Currently, NEL ASA has an average volume of 30.64K.
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NEL ASA is a hydrogen company delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. It serves industries, energy and gas companies with hydrogen technology. The company’s hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. Its products include hydrogen electrolyser and among others. Geographically activities are functioned through the region of Norway.
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