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 closed yesterday at $1.28.
According to TipRanks, Kerouredan is ranked #6966 out of 8472 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NEL ASA with a $1.69 average price target.
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NLLSF market cap is currently NOK21.53B and has a P/E ratio of -13.87.
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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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