Norsk Hydro ASA

Norsk Hydro is an aluminium group based in Norway. Co. is engaged in the supply of aluminium and aluminium products. Co. supplies casthouse products, such as extrusion ingots, sheet ingots and foundry alloys. Co's customers are active in sectors such as the packaging, lithographic, building, automotive and transport sectors. In addition, Co. is engaged in the production of power in Norway. Its business is divided into six operating segments: Bauxite & Alumina, Primary Metal, Metal Markets, Rolled Products, and Energy and Other and Eliminations.
  • TickerNHY
  • ISINNO0005052605
  • ExchangeOslo Bors
  • SectorIndustrial Metals & Mining
  • CountryNorway

Analysts

Norsk Hydro ASA: 1 director bought

A director at Norsk Hydro ASA bought 10,000 shares at 29.050NOK and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of bo...

Alexander Aukner ...
  • Eivind Sars Veddeng
  • Joachim Gunell
  • Martin Huseby Karlsen
  • Niclas Gehin
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Simen Mortensen

Northern Lights

Eivind Sars Veddeng

Norsk Hydro (Buy, TP: NOK38.00) - A painful quarter

Norsk Hydro’s Q4 results were surprisingly poor, with underlying EBIT 45% below consensus, and particular weakness in B&A and Extruded Solutions. We have cut our 2020/2021 EBIT estimates by 16%/8%, respectively, but reiterate our BUY at a reduced target price of NOK38 (42), as the current record-high discount to our SOTP has historically been a particularly attractive entry point.

Nurhayati Wan

Norsk Hydro ASA

Nurhayati Wan

Norsk Hydro ASA

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 24/10/2019 - Intrum, Ford - FR

Intrum (Achat) - 9M-19 : EBIT de SEK4,2 mds (€391m, +41,1%) Ford (Achat) : Abaisse ses perspectives pour 2019 Scor (Achat) - 9M-19 : Primes brutes de €12,1 mds (+3,2% à tcc) SEB (Achat) - 9M-19 : Résultat d’exploitation de SEK17,8 mds (€1,7 md, +4,8%) Constellium (Achat) : Revoit à la baisse ses objectifs 2019 Edenred (Achat) : Vise une croissance organique d’EBITDA >10% jusqu’à 2022 Europcar (Vente vs Achat) : Abaisse ses perspectives pour 2019 Schmolz + Bickenbach : Prévoit une augmentation de capital de CHF189m à CHF350m ...

Eivind Sars Veddeng

Norsk Hydro (Buy, TP: NOK38.00) - A painful quarter

Norsk Hydro’s Q4 results were surprisingly poor, with underlying EBIT 45% below consensus, and particular weakness in B&A and Extruded Solutions. We have cut our 2020/2021 EBIT estimates by 16%/8%, respectively, but reiterate our BUY at a reduced target price of NOK38 (42), as the current record-high discount to our SOTP has historically been a particularly attractive entry point.

Nurhayati Wan

Norsk Hydro ASA

Nurhayati Wan

Norsk Hydro ASA

Aksel Øverland Engebakken ...
  • Bengt Jonassen
  • Casper Blom
  • Fredrik Ivarsson
  • Haakon Amundsen
  • Jan Erik Gjerland
  • John Olaisen
  • Petter Nystrøm
  • Tobias Kaj

Talking Points - DSV Panalpina (Hold): We have arrived

Hydro (Buy) Post-results comment: Massive underperformance in tough times Additional synergies unlikely to materialise in 2020 With a bleeding heart, we downgrade to HOLD (Buy)

Bengt Jonassen ...
  • Martin Melbye

Hydro - Massive underperformance in tough times

Underlying cost higher than expected 2020 clean EPS down 18% EV/CE of 0.75x ~25% discount to historical average

Norsk Hydro ASA: 1 director bought

A director at Norsk Hydro ASA bought 10,000 shares at 29.050NOK and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of bo...

Alexander Aukner ...
  • Eivind Sars Veddeng
  • Joachim Gunell
  • Martin Huseby Karlsen
  • Niclas Gehin
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Simen Mortensen

Northern Lights

Eivind Sars Veddeng ...
  • Nicolay Dyvik
  • Ole-Andreas Krohn

Northern Lights

Alexander Aukner ...
  • Christoffer Wang Bjørnsen
  • Eivind Sars Veddeng
  • Frank Maaø
  • Håkon Astrup
  • Jesper Ingildsen
  • Joachim Gunell
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Martin Hoang Nguyen
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Simen Mortensen

Northern Lights

Eivind Sars Veddeng ...
  • Frank Maaø
  • Håkon Astrup
  • Joachim Gunell
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Martin Arnell
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Mattias Holmberg
  • Niclas Gehin
  • Nicolas McBeath
  • Niklas Wetterling
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Rune Majlund Dahl
  • Simen Mortensen
  • Stefan Gauffin
  • Tomi Railo

Northern Lights

Alexander Aukner ...
  • Christoffer Wang Bjørnsen
  • Eivind Sars Veddeng
  • Frank Maaø
  • Karl-Johan Bonnevier
  • Ole-Andreas Krohn
  • Paul Harper
  • Rune Majlund Dahl
  • Stefan Gauffin
  • Tomi Railo

Northern Lights

Nurhayati Wan

Norsk Hydro ASA

Thanks to a better fundamental star rating, NORSK HYDRO ASA sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to NORSK HYDRO ASA (NO), active in the Aluminium industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date September 10, 2019, the closing price was NOK 33.12 and its expected value was estimated at NOK 29.16.

Nurhayati Wan

Norsk Hydro

Nurhayati Wan

Norsk Hydro

Nurhayati Wan

Norsk Hydro

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Expert Corporate Governance Service (ECGS)

Norsk Hydro - AGM 07 May 2019

In general, Norsk Hydro ("Hydro") is in compliance with the Norwegian regulations relating to the organisation and procedures of the AGM. Under ITEM 6.1, the board of directors seeks approval of the Company's remuneration guidelines. The proposed remuneration structure is not in line with ECGS' guidelines. Accordingly, ECGS recommends to vote OPPOSE. Under ITEM 6.2, the board of directors seeks approval of a share-based incentive plan. In view of the low level of transparency, specifically regarding the performance conditions applicable to the incentive plan, ECGS recommends to vote OPPOSE. ...

Norsk hydro – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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