Neste Oyj (OTCMKTS:NTOIY) Receives $18.00 Average PT from Analysts

Neste Oyj (OTCMKTS:NTOIY) has received an average recommendation of “Moderate Buy” from the five research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $18.00.

Separately, TD Cowen cut their price target on shares of Neste Oyj from $19.00 to $18.00 and set a “market perform” rating for the company in a report on Thursday, March 14th.

Neste Oyj Stock Down 0.1 %

NTOIY stock opened at $14.02 on Friday. Neste Oyj has a 52 week low of $12.81 and a 52 week high of $24.55. The business has a 50-day simple moving average of $14.10 and a 200 day simple moving average of $16.30.

Neste Oyj Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 24th. Stockholders of record on Tuesday, April 2nd will be paid a $0.3261 dividend. This is an increase from Neste Oyj’s previous dividend of $0.27. The ex-dividend date is Monday, April 1st. Neste Oyj’s dividend payout ratio (DPR) is presently 45.88%.

Neste Oyj Company Profile

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.