Neste traded at 27.33 this Wednesday November 11th, increasing 0.30 or 1.11 percent since the previous trading session. Looking back, over the last four weeks, Neste gained 15.65 percent. Over the last 12 months, its price rose by 53.32 percent. Looking ahead, we forecast Neste to be priced at 26.75 by the end of this quarter and at 24.76 in one year, according to Trading Economics global macro models projections and analysts expectations.
Neste Oyj is a Finland-based company engaged in the refining and marketing of petroleum and petroleum products. The Company’s business activities are divided into four reporting segments: Renewable Products, Oil Products, Marketing & Services and Others. The Renewable Products segment produces, markets and sells renewable diesel, renewable jet fuels and solutions, renewable solvents, as well as raw material for bioplastics. The Oil Products segment produces, markets and sells a range of low carbon solutions that are based on oil products, such us diesel fuel, gasoline, aviation and marine fuels, light and heavy fuel oils, among others. The Marketing & Services segment markets and sells petroleum products and associated services. The Others segment consists of the engineering and technology solutions company Neste Engineering Solutions, Nynas and Petroleos de Venezuela. The Company operates a network of around 1000 stations in Finland and the Baltic countries.