The Norwegian hydrogen stock Nel Asa has to accept another negative analyst comment. That put massive pressure on the title – and today the signs are still red.
The hydrogen specialist fell on Tuesday to its lowest price level since the Corona crash in 2020 and ended trading with a loss of 7.38 percent. Analyst Martin Huseby Karlsen from DNB Markets is increasingly skeptical about Nel shares. He maintains his “Sell” rating, but lowers his price target from an already low 4.50 to just 4.00 Norwegian krone (equivalent to 0.35 euros). Karlsen had already lowered his price target for Nel in October 2023.
Lacie Midgley of Panmure Gordon & Co, another analyst, already adjusted her price target in the previous trading week while reiterating her buy recommendation. With a target price of 12.70 crowns (1.12 euros), Midgley sees considerable growth potential of 147 percent for the share listed on the Oslo Stock Exchange.
Advertisement ShortLong
wallstreetONLINE central editorial office
0 Follower
show more
Sign up HERE for the newsletter from the wallstreetONLINE central editorial team – an overview of all the top topics of the stock market week! Don’t miss any important investor topics!
The editor-in-chief of the wallstreetONLINE central editorial team is responsible for contributions to this journalistic channel.
The specialist journalists from the wallstreetONLINE central editorial team and their colleagues from the partner editorial offices report exclusively, well-founded, balanced and independent for investors.
The central editorial team researches intensively in order to be able to provide investors in the self-decision category with relevant information for their investment decisions.
show more
Subscribe to RSS feed