Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Norsk Hydro Asa ( (GB:0Q11) ).
Norsk Hydro Asa has announced a strategic initiative to reduce annual costs by 1 billion kroner, which includes cutting 750 positions primarily in administrative and support roles. This move is part of a broader effort to enhance the company’s resilience amid global geopolitical uncertainties and is expected to strengthen Hydro’s long-term value delivery to stakeholders.
The most recent analyst rating on (GB:0Q11) stock is a Buy with a NOK87.00 price target. To see the full list of analyst forecasts on Norsk Hydro Asa stock, see the GB:0Q11 Stock Forecast page.
More about Norsk Hydro Asa
Norsk Hydro Asa is a leading company in the aluminum industry, focusing on the production and supply of aluminum products. The company is known for its commitment to sustainability and innovation, serving a global market with a diverse range of aluminum solutions.
Average Trading Volume: 3,785,113
Current Market Cap: NOK127.2B
For an in-depth examination of 0Q11 stock, go to TipRanks’ Overview page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money