Ørsted A/S (OTCMKTS:DNNGY) Receives $707.50 Average Price Target from Brokerages

Shares of Ørsted A/S (OTCMKTS:DNNGYGet Rating) have been assigned an average recommendation of “Hold” from the twelve analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $707.50.

A number of equities analysts have issued reports on the company. The Goldman Sachs Group downgraded Ørsted A/S from a “buy” rating to a “neutral” rating in a research note on Monday, November 14th. Redburn Partners raised shares of Ørsted A/S from a “sell” rating to a “neutral” rating in a research report on Thursday, August 4th. Credit Suisse Group dropped their target price on shares of Ørsted A/S from 610.00 to 500.00 and set an “underperform” rating on the stock in a research report on Monday, October 17th. Morgan Stanley dropped their target price on shares of Ørsted A/S from 1,000.00 to 850.00 and set an “overweight” rating on the stock in a research report on Monday, November 7th. Finally, Citigroup raised shares of Ørsted A/S from a “sell” rating to a “neutral” rating in a research report on Wednesday, October 12th.

Ørsted A/S Trading Up 0.5 %

DNNGY stock opened at $29.20 on Tuesday. Ørsted A/S has a 52-week low of $24.89 and a 52-week high of $45.75. The business has a 50-day simple moving average of $28.16 and a two-hundred day simple moving average of $32.90.

About Ørsted A/S

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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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