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Jefferies Reaffirms Their Buy Rating on Neste Corporation (0O46)


Jefferies Reaffirms Their Buy Rating on Neste Corporation (0O46)

According to TipRanks, Romeo is a 4-star analyst with an average return of 7.5% and a 66.43% success rate.

Currently, the analyst consensus on Neste Corporation is a Moderate Buy with an average price target of €20.53, a 49.09% upside from current levels. In a report released on November 8, UBS also maintained a Buy rating on the stock with a €22.00 price target.

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Neste Corp. offers renewable products and solutions and oil products to a host of global markets. Its business is divided into various segments, including oil products, renewable products, and marketing and services. Oil products is the largest contributor of revenue; it caters to oil companies and businesses that market oil, lubricants, and fuel products. Neste's oil products business includes diesel fuels, gasoline, aviation and marine fuels, and light and heavy fuel oils. Neste is heavily involved in the Baltic region with its network of service stations and refineries.

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