Neste Oyj (NTOIF) to Release Quarterly Earnings on Wednesday

Neste Oyj (OTCMKTS:NTOIF) is projected to issue its resultson Wednesday, April 29th. Analysts expect the company to announce earnings of $0.4461 per share and revenue of $5.5220 billion for the quarter.

Neste Oyj Price Performance

NTOIF stock opened at $30.53 on Monday. Neste Oyj has a one year low of $9.81 and a one year high of $35.26. The company’s 50 day moving average price is $28.68 and its two-hundred day moving average price is $24.02.

Analysts Set New Price Targets

NTOIF has been the topic of several research reports. Royal Bank Of Canada raised shares of Neste Oyj from a “sector perform” rating to an “outperform” rating in a research note on Thursday, March 12th. Barclays raised shares of Neste Oyj from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, March 17th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

About Neste Oyj

Neste Oyj is a Finland-based energy company specializing in the refining and marketing of oil products and renewable solutions. Established in 1948 and headquartered in Espoo, the company operates refineries in Finland, the Netherlands and Singapore. Over time, Neste has transformed from a traditional oil refiner into a global supplier of lower-emission fuels and renewable feedstocks.

The company’s business is organized across three primary segments. The Renewable Products segment focuses on producing Neste MY Renewable Diesel, sustainable aviation fuel (SAF) and renewable feedstocks derived from waste and residue oils.