Home / Royal Mail / Royal Bank of Canada Boosts Neste Oyj (OTCMKTS:NTOIY) Price Target to €56.00

Royal Bank of Canada Boosts Neste Oyj (OTCMKTS:NTOIY) Price Target to €56.00


Neste Oyj (OTCMKTS:NTOIY – Get Rating) had its target price upped by Royal Bank of Canada from €51.00 ($52.58) to €56.00 ($57.73) in a report released on Monday morning, The Fly reports.

NTOIY has been the subject of several other reports. Societe Generale increased their price objective on Neste Oyj from €40.00 ($41.24) to €45.00 ($46.39) in a research note on Tuesday, May 10th. Berenberg Bank increased their target price on Neste Oyj from €47.00 ($48.45) to €50.00 ($51.55) and gave the stock a buy rating in a report on Friday, June 17th. Barclays decreased their target price on Neste Oyj from €75.00 ($77.32) to €65.00 ($67.01) in a report on Wednesday, April 6th. JPMorgan Chase & Co. increased their target price on Neste Oyj from €53.00 ($54.64) to €55.00 ($56.70) and gave the stock an overweight rating in a report on Friday, July 15th. Finally, The Goldman Sachs Group cut Neste Oyj from a buy rating to a neutral rating in a report on Tuesday, June 14th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Neste Oyj currently has a consensus rating of Hold and a consensus price target of $55.60.

Neste Oyj Trading Up 0.5 %

Neste Oyj stock opened at $24.93 on Monday. The stock has a fifty day moving average price of $22.99 and a two-hundred day moving average price of $22.09. Neste Oyj has a 52-week low of $16.76 and a 52-week high of $32.68.

About Neste Oyj

(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.

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