JP Morgan has reduced its price target for Norsk Hydro to 72 Norwegian kroner from the previous 75, while maintaining its "overweight" rating, according to BN.
Norsk Hydro ASA is one of the world's leading producers of aluminium and energy. Net sales break down by activity as follows:
- manufacturing of aluminium products (44.4%): primarily extruded aluminium profiles, rolled aluminium products, tubes, sheet metal, construction metals, automotive components, etc.;
- sale and trading of aluminium (35.3%);
- production and refining of aluminium (18.5%): bauxite and alumina, raw aluminium and aluminium foundry products;
- production and distribution of energy (1.8%): electricity (No. 2 producer in Norway) and hydroelectric power.
Net are distributed geographically as follows: Norway (3.9%), Germany (9.9%), France (4%), Poland (4%), Spain (3.9%), Italy (3%), European Union (11.5%), Switzerland (7.7%), the United Kingdom (3.2%), Turkey (1.2%), Europe (0.3%), the United States (20.4%), Brazil (4.8%), Canada (4.1%), the Americas (1.5%), Japan (3.5%), China (2.7%), Asia and Middle East (9.1%) and other (1.3%).
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Investor
Investor
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Global
Global
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Quality
Quality
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