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New Buy Rating for Yara International (0O7D), the Basic Materials Giant

New Buy Rating for Yara International (0O7D), the Basic Materials Giant

Kepler Capital analyst Christian Faitz maintained a Buy rating on Yara International on July 18 and set a price target of NOK410.00. The company's shares closed last Friday at NOK378.52.
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Faitz covers the Basic Materials sector, focusing on stocks such as BASF SE, Yara International, and Lenzing. According to TipRanks, Faitz has an average return of 9.1% and a 52.35% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Yara International with a NOK387.73 average price target.
Based on Yara International's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of NOK3.61 billion and a net profit of NOK294 million. In comparison, last year the company earned a revenue of NOK3.3 billion and had a net profit of NOK18 million
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