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Goldman Sachs Issues Buy Rating for Industrie De Nora SpA

Goldman Sachs issued a Buy rating for Industrie De Nora SpA on March 20. The consensus among analysts is a Moderate Buy, with an average target price of $7.

On March 20, a Goldman Sachs analyst reaffirmed a Buy rating for Industrie De Nora SpA (DNR). Last Friday, the company's shares closed at €5. According to the latest earnings release for the quarter that ended September 30, Industrie De Nora SpA reported revenue of €215.73 million. The company's net profit for the quarter was €24.4 million. In the same quarter last year, Industrie De Nora SpA earned €200.88 million in revenue and reported a €12.7 million net profit.

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Research Sources

  • Markets Insider — Industrie De Nora SpA (DNR) Receives a Buy from Goldman Sachs
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