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Analysts Offer Insights on Utilities Companies: Orsted (OtherDOGEF) and American Water (AWK)

Tipranks - Thu Jan 22, 3:44AM CST

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Orsted (DOGEFResearch Report) and American Water (AWKResearch Report).

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Orsted (DOGEF)

In a report released today, Mark Freshney from UBS maintained a Buy rating on Orsted, with a price target of DKK160.00. The company’s shares closed last Tuesday at $20.29.

Freshney has an average return of 2.5% when recommending Orsted. ;'>

According to TipRanks.com, Freshney is ranked #1269 out of 12040 analysts.

Orsted has an analyst consensus of Hold, with a price target consensus of $21.51.

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American Water (AWK)

In a report released yesterday, Jonathan Reeder from Wells Fargo maintained a Hold rating on American Water, with a price target of $126.00. The company’s shares closed last Tuesday at $131.42.

Reeder has an average return of 18.1% when recommending American Water. ;'>

According to TipRanks.com, Reeder is ranked #2439 out of 12040 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for American Water with a $131.20 average price target, which is a -1.2% downside from current levels. In a report issued on January 12, Bank of America Securities also upgraded the stock to Hold with a $139.00 price target.

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