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

Tipranks - Tipranks - Tue Mar 24, 8:56PM CDT

RBC Capital analyst Adnan Dhanani maintained a Buy rating on Neste Corporation on March 20 and set a price target of €35.00. The company’s shares closed last Friday at €29.48.

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According to TipRanks, Dhanani is ranked #9445 out of 12068 analysts.

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 assigned a Hold rating to Neste Corporation (LSE: 0O46).

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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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