Recent Investment Analysts’ Ratings Changes for Norsk Hydro ASA (NHYDY)

Norsk Hydro ASA (OTCMKTS: NHYDY) recently received a number of ratings updates from brokerages and research firms:

• 5/3/2026 – Norsk Hydro ASA was upgraded by Pareto Securities from “hold” to “buy”.
• 4/29/2026 – Norsk Hydro ASA was upgraded by Zacks Research from “strong sell” to “hold”.
• 4/17/2026 – Norsk Hydro ASA was downgraded by Danske from “hold” to “sell”.
• 4/16/2026 – Norsk Hydro ASA had its “equal weight” rating reaffirmed by Morgan Stanley.
• 4/14/2026 – Norsk Hydro ASA was downgraded by Deutsche Bank Aktiengesellschaft from “buy” to “hold”.
• 4/9/2026 – Norsk Hydro ASA had its “equal weight” rating reaffirmed by Morgan Stanley.
• 4/9/2026 – Norsk Hydro ASA was downgraded by UBS Group AG from “buy” to “neutral”.
• 4/2/2026 – Norsk Hydro ASA was upgraded by The Goldman Sachs Group, Inc. from “strong sell” to “strong-buy”.
• 3/20/2026 – Norsk Hydro ASA was upgraded by Royal Bank Of Canada from “sector perform” to “outperform”.

Norsk Hydro ASA is a Norwegian industrial company with a primary focus on aluminum production and renewable energy. Established in 1905, the company has grown from its roots in fertilizer manufacturing to become one of the world’s largest integrated aluminum producers. Its operations span the full value chain, including bauxite mining, alumina refining, primary aluminum production, and downstream processing of rolled and extruded products.

In addition to its aluminum business, Hydro maintains a significant portfolio of hydropower assets to support its energy-intensive processes.