(CercleFinance.com) – UBS confirms its advice to buy the stock with a price target of 85 Norwegian kroner after the announcement of the results for the 2nd quarter of 2022.
UBS estimates that the 2nd quarter of 2022 is online. ‘Norsk Hydro is reviewing its capital structure against all odds and announces an additional cash return of 5 billion Norwegian crowns’ indicates the analysis office.
Norsk Hydro reported Friday results ‘record’ under the second quarter. The industrial group generated over the past three months an adjusted operating profit (Ebitda) of 11.6 billion crowns (1.1 billion euros) against 6.6 billion a year ago.
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