UBS has given Yara International a "Neutral" rating with a target price of 350 Norwegian kroner.

The ongoing discussions within the European chemical industry about the potential impact of increased Russian gas supplies to Europe were highlighted by analyst Geoff Haire. A ceasefire between Russia and Ukraine could lead to lower gas prices, reducing the risk premium and increasing exports. In this scenario, companies like BASF, Covestro, Lanxess, and Yara are expected to benefit the most from the anticipated changes in the gas market.

The analysis, published on December 8, 2024, reflects the current sentiment in the industry regarding geopolitical developments and their impact on the profitability of the chemical sector.