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Nel ASA (NLLSF) Stock Forecast & Price Target

$0.75
-0.03 (-3.87%)
(As of 06/4/2024 ET)

Nel ASA - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 4 Analyst Ratings

Consensus Price Target

N/A

TypeCurrent Forecast
6/5/23 to 6/4/24
1 Month Ago
5/6/23 to 5/5/24
3 Months Ago
3/7/23 to 3/6/24
1 Year Ago
6/5/22 to 6/5/23
Consensus Rating
Reduce
Reduce
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
4 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price TargetN/AN/AN/A$10.00
Forecasted UpsideN/AN/AN/A586.51% Upside
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NLLSF Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NLLSF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Nel ASA Stock vs. The Competition

TypeNel ASAIndustrials CompaniesS&P 500
Consensus Rating Score
1.75
2.56
2.49
Consensus RatingReduceModerate BuyHold
Predicted Upside282.47% Upside10.91% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/12/2023Barclays
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 DowngradeOverweight ➝ Equal Weight
10/2/2023Pareto Securities
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 UpgradeSell ➝ Hold
9/22/2023Sanford C. Bernstein
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 DowngradeOutperform ➝ Underperform
7/13/2023JPMorgan Chase & Co.
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 UpgradeUnderweight ➝ Neutral
3/16/2023The Goldman Sachs Group
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 UpgradeNeutral ➝ Buy
2/13/2023Panmure Gordon
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 UpgradeHold ➝ Buy
2/7/2023Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight
11/22/2022Societe Generale
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 Initiated CoverageHold
10/11/2022Jefferies Financial Group
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 Initiated CoverageBuy
9/30/2022Bryan, Garnier & Co
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 UpgradeSell ➝ Neutral
9/9/2022Credit Suisse Group
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 DowngradeNeutral ➝ Underperform$10.00+635.29%
7/6/2022DNB Markets
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 Initiated CoverageHold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:50 PM ET.

NLLSF Frequently Asked Questions

What is Nel ASA's purchase recommendation?

According to the research reports of 4 Wall Street equities research analysts, The consensus rating for Nel ASA stock is Reduce based on the current 1 sell rating and 3 hold ratings for NLLSF. Learn more on NLLSF's analyst rating history.

Do Wall Street analysts like Nel ASA more than its competitors?

Analysts like Nel ASA less than other "industrials" companies. The consensus rating for Nel ASA is Reduce while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how NLLSF compares to other companies.


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This page (OTCMKTS:NLLSF) was last updated on 6/4/2024 by MarketBeat.com Staff

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