In a report released today, Patrick Jones from J.P. Morgan maintained a Hold rating on NEL ASA (NLLSF – Research Report), with a price target of NOK11.40. The company’s shares opened today at $1.27.
Jones covers the Basic Materials sector, focusing on stocks such as Anglo American, Lundin Mining, and First Quantum Minerals. According to TipRanks, Jones has an average return of -4.2% and a 47.62% success rate on recommended stocks.
NEL ASA has an analyst consensus of Hold, with a price target consensus of $1.44.
See Insiders’ Hot Stocks on TipRanks >>
NLLSF market cap is currently $2.1B and has a P/E ratio of -13.15.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on NLLSF:
