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Neste Corporation (0O46) Receives a Buy from Berenberg Bank

Tipranks - Tipranks - Sat Mar 21, 1:42AM CDT

In a report released yesterday, Henry Tarr from Berenberg Bank maintained a Buy rating on Neste Corporation, with a price target of €33.00. The company’s shares closed yesterday at €29.70.

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Tarr covers the Energy sector, focusing on stocks such as BP p.l.c., Shell (UK), and ENI S.p.A.. According to TipRanks, Tarr has an average return of 5.6% and a 56.85% success rate on recommended stocks.

Currently, the analyst consensus on Neste Corporation is a Moderate Buy with an average price target of €26.22, which is a -11.72% downside from current levels. In a report released on March 17, Barclays also upgraded the stock to a Buy with a €32.00 price target.

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0O46 market cap is currently €22.81B and has a P/E ratio of 32.70.

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