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Barclays Sticks to Their Hold Rating for Neste Corporation (0O46)

Tipranks - Tipranks - Sat Feb 7, 1:54AM CST

In a report released today, Naisheng Cui from Barclays maintained a Hold rating on Neste Corporation, with a price target of €17.00.

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According to TipRanks, Cui is a 2-star analyst with an average return of 1.6% and a 50.00% success rate. Cui covers the Energy sector, focusing on stocks such as Equinor ASA, GALP Energia SGPS, and Neste Corporation.

In addition to Barclays, Neste Corporation also received a Hold from RBC Capital’s Adnan Dhanani in a report issued yesterday. However, on January 26, Goldman Sachs upgraded Neste Corporation (LSE: 0O46) to a Buy.

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Based on Neste Corporation’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €4.53 billion and a net profit of €106 million. In comparison, last year the company earned a revenue of €5.62 billion and had a net profit of €23 million

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