Neste Oyj (OTCMKTS:NTOIY) Price Target Raised to €45.00 at Societe Generale

Neste Oyj (OTCMKTS:NTOIYGet Rating) had its price objective boosted by stock analysts at Societe Generale from €40.00 ($42.11) to €45.00 ($47.37) in a note issued to investors on Tuesday, The Fly reports.

A number of other analysts have also commented on the stock. Barclays reduced their price objective on shares of Neste Oyj from €75.00 ($78.95) to €65.00 ($68.42) in a research note on Wednesday, April 6th. Berenberg Bank raised shares of Neste Oyj from a “hold” rating to a “buy” rating in a research report on Wednesday, March 9th. UBS Group raised shares of Neste Oyj from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 16th. JPMorgan Chase & Co. raised shares of Neste Oyj from a “neutral” rating to an “overweight” rating in a research report on Tuesday, April 12th. Finally, Citigroup raised shares of Neste Oyj from a “neutral” rating to a “buy” rating in a research report on Thursday, March 17th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Neste Oyj presently has an average rating of “Hold” and a consensus price target of $54.67.

NTOIY stock traded down $2.24 during mid-day trading on Tuesday, reaching $20.52. 62,118 shares of the stock traded hands, compared to its average volume of 75,484. Neste Oyj has a 52-week low of $16.76 and a 52-week high of $34.43. The stock’s fifty day moving average is $21.63 and its 200-day moving average is $23.35.

Neste Oyj Company Profile (Get Rating)

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.

See Also

The Fly logo

Analyst Recommendations for Neste Oyj (OTCMKTS:NTOIY)

Receive News & Ratings for Neste Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neste Oyj and related companies with MarketBeat.com's FREE daily email newsletter.