Nalco could rise 50 pct – Barron’s

NEW YORK, Oct 24 (BestGrowthStock) – Shares in Nalco (NLC.N: ), the
water treatment services company, could climb 50 percent as it
expands its operations in China, Barron’s reported in its Oct
25 issue.

Barron’s said Nalco’s opportunities in China are “immense”
while its prospects and business elsewhile is also doing well.
Nalco’s revenues in China jumped more than 25 percent in the
last decade and are expected hit $500 million by 2015.

The report quotes analysts valuing Nalco shares at between
$39 to $32, compared with its recent high of $26.55.

(Reporting by Yinka Adegoke; editing by Gunna Dickson)

Nalco could rise 50 pct – Barron’s