Ørsted A/S (OTCMKTS:DNNGY) Raised to “Overweight” at Morgan Stanley

Ørsted A/S (OTCMKTS:DNNGY) was upgraded by investment analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a note issued to investors on Thursday, MarketBeat reports.

Separately, The Goldman Sachs Group upgraded Ørsted A/S from a “neutral” rating to a “buy” rating in a report on Monday, April 27th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Ørsted A/S Trading Down 2.8%

Shares of Ørsted A/S stock opened at $8.47 on Thursday. Ørsted A/S has a 52-week low of $5.75 and a 52-week high of $33.02. The stock has a 50-day simple moving average of $8.08 and a 200-day simple moving average of $7.36.

About Ørsted A/S

Ørsted A/S (OTCMKTS:DNNGY) is a Denmark-based renewable energy company that specializes in the development, construction and operation of offshore wind farms. Formerly known as DONG Energy until its rebranding in 2017 to honor Danish scientist Hans Christian Ørsted, the company has grown into a global leader in offshore wind power and green energy solutions.

The company’s core activities include the full lifecycle management of offshore wind projects, encompassing site identification, engineering, turbine installation and long-term operations and maintenance.