Pareto Securities Upgrades Yara International ASA (OTCMKTS:YARIY) to Strong-Buy

Key Points

• Pareto Securities upgraded Yara International ASA (OTCMKTS:YARIY) from "hold" to "strong-buy," joining Zacks Research and Arctic Securities in recent upgrades and contributing to a consensus of six Strong Buy ratings and one Hold.
• YARIY has shown recent strength, opening at $30.92 with a 50-day moving average of $25.85 and a 1-year range of $13.50 to $31.28, suggesting the stock is near its yearly high.
• The company trades at a PE of 11.49, has a market cap of $15.75 billion, a low debt-to-equity ratio of 0.31 and a beta of 0.59, indicating modest leverage and below-market volatility.

Yara International ASA (OTCMKTS:YARIY - Get Free Report) was upgraded by research analysts at Pareto Securities from a "hold" rating to a "strong-buy" rating in a report issued on Tuesday,Zacks.com reports.

YARIY has been the subject of several other research reports. Zacks Research raised Yara International ASA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 18th. Arctic Securiti raised Yara International ASA from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 12th. Finally, Rothschild & Co Redburn raised Yara International ASA from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 4th. Six investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Strong Buy".

Yara International ASA Price Performance

YARIY opened at $30.92 on Tuesday. The stock has a 50-day moving average price of $25.85 and a 200-day moving average price of $21.57. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.72 and a quick ratio of 0.89. The firm has a market cap of $15.75 billion, a PE ratio of 11.49 and a beta of 0.59. Yara International ASA has a 1 year low of $13.50 and a 1 year high of $31.28.

About Yara International ASA

Yara International ASA is a Norway-based chemical company that specializes in the production and distribution of mineral fertilizers and nitrogen-based crop nutrition solutions. Headquartered in Oslo, Yara is recognized for its comprehensive portfolio of products that support agricultural productivity, environmental protection and industrial applications. The company's operations span the entire value chain from ammonia production to the blending and distribution of finished fertilizer products.

The core of Yara's business centers on nitrogen-based fertilizers including ammonium nitrate, urea, calcium ammonium nitrate and specialty blends designed to optimize crop yield and nutrient use efficiency.

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