Berenberg Bank analyst James Carmichael maintained a Buy rating on NEL ASA (NLLSF – Research Report) today and set a price target of NOK11.00. The company’s shares closed yesterday at $0.75.
According to TipRanks, Carmichael is an analyst with an average return of -19.6% and a 25.98% success rate.
NEL ASA has an analyst consensus of Hold, with a price target consensus of $0.95, which is a 26.67% upside from current levels. In a report released on October 25, RBC Capital also maintained a Buy rating on the stock with a NOK22.00 price target.
See the top stocks recommended by analysts >>
The company has a one-year high of $1.87 and a one-year low of $0.58. Currently, NEL ASA has an average volume of 39.63K.
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 (NLLSF) Company Description:
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:
