Analyst Price Target is $87.40
▲ +1,168.51% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Norsk Hydro ASA in the last 3 months. The average price target is $87.40, with a high forecast of $120.00 and a low forecast of $70.00. The average price target represents a 1,168.51% upside from the last price of $6.89.
Current Consensus is
The current consensus among 7 contributing investment analysts is to hold stock in Norsk Hydro ASA. This rating changed within the last month from a Buy consensus rating.
Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Bauxite & Alumina, Aluminium Metal, Metal Markets, Extrusions, and Energy segments. The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Aluminium Metal segment is involved in the primary aluminum production casting activities. This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets segment sells products from the company's primary metal plants; operates recyclers; and trades in physical and financial metals. The Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors, as well as operates recycling facilities. The Energy segment engages in the trading and wholesale business in Brazil; energy sourcing operations; and operation of power stations in Norway, as well as renewable energy production, such as wind and solar, battery, and hydrogen. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.