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Neste Corporation (0O46) Gets a Buy from RBC Capital

Tipranks - Tipranks - Tue Mar 31, 6:09AM CDT

In a report released on March 26, Adnan Dhanani from RBC Capital maintained a Buy rating on Neste Corporation, with a price target of €35.00. The company’s shares closed last Friday at €28.36.

End of Quarter Sale - 50% Off TipRanks

According to TipRanks, Dhanani is an analyst with an average return of -11.1% and a 0.00% success rate.

In addition to RBC Capital, Neste Corporation also received a Buy from Berenberg Bank’s Henry Tarr in a report issued on March 19. However, on March 20, Goldman Sachs downgraded Neste Corporation (LSE: 0O46) to a Hold.

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Based on Neste Corporation’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €4.95 billion and a net profit of €114 million. In comparison, last year the company earned a revenue of €5.57 billion and had a GAAP net loss of €135 million

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