Kepler Capital Downgrades Neste (NTOIY) to Hold


Kepler Capital analyst Anders Holte downgraded Neste (NTOIY) to Hold on November 18 and set a price target of EUR48.00. The company’s shares closed last Thursday at $32.07.

According to TipRanks.com, Holte is ranked #6773 out of 7093 analysts.

Neste has an analyst consensus of Moderate Buy, with a price target consensus of $55.22.

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The company has a one-year high of $32.00 and a one-year low of $10.95. Currently, Neste has an average volume of 15.55K.

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Neste Corp. offers renewable products and solutions and oil products to a host of global markets. Its business is divided into various segments, including oil products, renewable products, and marketing and services. Oil products is the largest contributor of revenue; it caters to oil companies and businesses that market oil, lubricants, and fuel products. Neste’s oil products business includes diesel fuels, gasoline, aviation and marine fuels, and light and heavy fuel oils. Neste is heavily involved in the Baltic region with its network of service stations and refineries.

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