Analyst Price Target is $12.05
▲ +1,047.62% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Nel ASA in the last 3 months. The average price target is $12.05, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 1,047.62% upside from the last price of $1.05.
Current Consensus is
The current consensus among 10 contributing investment analysts is to hold stock in Nel ASA. This rating has held steady since November 2020, when it changed from a Buy consensus rating.
Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment produces H2Station hydrogen fueling stations that provide fuel cell electric vehicles with the fueling and long range as conventional fossil fuel vehicles, including cars, buses, trucks, forklifts, and other applications. The Nel Hydrogen Electrolyser segment produces and installs electrolysers for hydrogen production based on alkaline and proton exchange membrane water electrolyser technology. It serves industry, energy, and gas companies. The company was formerly known as DiaGenic ASA and changed its name to Nel ASA in October 2014. Nel ASA was founded in 1927 and is headquartered in Oslo, Norway.