ENXTPA:NEXElectrical
Nexans (ENXTPA:NEX) Could Be 19% Undervalued As Hydro Supply Deal Lands
Nexans (ENXTPA:NEX) has drawn investor attention after signing a five year agreement with Norsk Hydro for about 85,000 tonnes of low carbon aluminium wire rod, securing key input for its European power cable operations.
See our latest analysis for Nexans.
The Norsk Hydro agreement lands after a mixed period for Nexans, with the share price up 5.46% year to date but down 11.63% over 30 days, while the 1 year total shareholder return of 19.49% and 3 year total shareholder return of 78.84%...