Ørsted A/S (OTCMKTS:DNNGY) Given Average Recommendation of “Hold” by Brokerages

Shares of Ørsted A/S (OTCMKTS:DNNGYGet Rating) have earned a consensus recommendation of “Hold” from the thirteen research firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $726.00.

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley reduced their target price on shares of Ørsted A/S from 1,000.00 to 850.00 and set an “overweight” rating for the company in a research report on Monday, November 7th. Berenberg Bank reduced their target price on shares of Ørsted A/S from 1,000.00 to 800.00 and set a “buy” rating for the company in a research report on Monday, December 5th. Citigroup raised shares of Ørsted A/S from a “sell” rating to a “neutral” rating in a research report on Wednesday, October 12th. Credit Suisse Group reduced their target price on shares of Ørsted A/S from 610.00 to 500.00 and set an “underperform” rating for the company in a research report on Monday, October 17th. Finally, The Goldman Sachs Group cut shares of Ørsted A/S from a “buy” rating to a “neutral” rating in a research report on Monday, November 14th.

Ørsted A/S Stock Up 1.9 %

DNNGY stock opened at $30.92 on Wednesday. The company has a fifty day moving average price of $29.85 and a two-hundred day moving average price of $31.72. Ørsted A/S has a one year low of $24.89 and a one year high of $45.75.

Ørsted A/S Company Profile

(Get Rating)

Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. It operates through Offshore, Onshore, and Markets & Bioenergy segments. The Offshore segment develops, constructs, owns, and operates offshore wind farms in the United Kingdom, Germany, Denmark, the Netherlands, the United States, Taiwan, Japan, and South Korea.

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Analyst Recommendations for Ørsted A/S (OTCMKTS:DNNGY)

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