Research Analysts’ Recent Ratings Changes for Norsk Hydro ASA (NHYDY)

A number of research firms have changed their ratings and price targets for Norsk Hydro ASA (OTCMKTS: NHYDY):

• 2/27/2026 – Norsk Hydro ASA was downgraded by Wall Street Zen from “buy” to “hold”.
• 2/24/2026 – Norsk Hydro ASA had its “overweight” rating reaffirmed by Morgan Stanley.
• 2/23/2026 – Norsk Hydro ASA was upgraded by Citigroup Inc. from “neutral” to “buy”.
• 2/16/2026 – Norsk Hydro ASA was downgraded by Royal Bank Of Canada from “moderate buy” to “hold”.
• 2/16/2026 – Norsk Hydro ASA was downgraded by The Goldman Sachs Group, Inc. from “buy” to “sell”.
• 2/16/2026 – Norsk Hydro ASA was downgraded by Kepler Capital Markets from “hold” to “strong sell”.
• 1/23/2026 – Norsk Hydro ASA was downgraded by Zacks Research from “strong-buy” to “strong sell”.

Norsk Hydro ASA is a Norwegian industrial company with a primary focus on aluminum production and renewable energy. Established in 1905, the company has grown from its roots in fertilizer manufacturing to become one of the world’s largest integrated aluminum producers. Its operations span the full value chain, including bauxite mining, alumina refining, primary aluminum production, and downstream processing of rolled and extruded products.

In addition to its aluminum business, Hydro maintains a significant portfolio of hydropower assets to support its energy-intensive processes.