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 HSBC (HBC) Analysts Upgrade Yara International ASA (YARIY) Shares to “Overweight”
 
CreateTime:2011-09-14     Source:localizedusa Editor:lile
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Related Company:
HSBC Holdings plc.(00005.HK)

Yara International ASA (NASDAQ: YARIY) was upgraded by equities research analysts at HSBC (NYSE: HBC) from a “neutral” rating to an “overweight” rating in a research note issued to investors on Tuesday.

Separately, analysts at Nomura (NYSE: NMR) downgraded shares of Yara International ASA from a “neutral” rating to a “reduce” rating in a research note to investors on Monday. Also, analysts at UBS AG (NYSE: UBS) upgraded shares of Yara International ASA to a “buy” rating in a research note to investors on Monday, July 11st.

Yara International ASA (Yara) is a global chemical company that converts energy, natural minerals and nitrogen from the air into products for the farming community and industrial customers. The Company operates in three segments: Downstream, Industrial and Upstream. Downstream offers differentiated fertilizer products and services to both commodity and high-value crop segments. Industrial develops and markets chemical products and carbon dioxide to non-fertilizer market segments. Upstream includes the production of ammonia, urea, nitrates and other nitrogen-based products as well as phosphoric acid. The three segments are supported by the global function Supply and Trade, responsible for global optimization of energy and raw materials purchasing, ammonia trade and shipping, maritime logistics, third-party sourcing, and feed phosphates.


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