Norsk Hydro: Getting More Attractive
Portfolio Pulse from
Norsk Hydro's valuation is becoming more attractive with a 'Buy' rating and a price target of 70 NOK. The company is well-positioned for long-term growth due to its focus on green aluminum and sustainability, despite recent challenges.
December 20, 2024 | 8:45 am
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POSITIVE IMPACT
Norsk Hydro's stock is rated 'Buy' with a 70 NOK price target, highlighting its strong fundamentals and growth potential in green aluminum and sustainability.
The 'Buy' rating and price target of 70 NOK suggest positive sentiment and potential upside for NHYDY. The focus on green aluminum and sustainability aligns with growing market trends, supporting long-term growth. Despite challenges, the company's resilience and dividend yield add to its attractiveness.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100