Orsted (DOGEF) was upgraded to a Hold Rating at Barclays
In a report released today, Dominic Nash from Barclays upgraded Orsted to a Hold, with a price target of DKK160.00.
End of Quarter Sale - 50% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Nash covers the Utilities sector, focusing on stocks such as Centrica, National Grid, and Drax Group plc. According to TipRanks, Nash has an average return of 16.5% and a 70.00% success rate on recommended stocks.
In addition to Barclays, Orsted also received a Hold from Citi’s Jenny Ping in a report issued on March 20. However, on March 30, Bank of America Securities upgraded Orsted (Other OTC: DOGEF) to a Buy.
Based on Orsted’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of DKK19.98 billion and a GAAP net loss of DKK4.02 billion. In comparison, last year the company earned a revenue of DKK17.68 billion and had a GAAP net loss of DKK6.16 billion
Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DOGEF in relation to earlier this year.
Read More on DOGEF:
Disclaimer & DisclosureReport an Issue
- Orsted price target raised to DKK 142 from DKK 139 at Citi
- Ørsted convenes 2026 AGM and refreshes board with new energy-sector heavyweights
- Ørsted Names Three Employee Representatives to Board of Directors
- Ørsted Reports Manager’s Share Transaction Under EU Market Abuse Rules
- Orsted price target raised to DKK 180 from DKK 140 at Berenberg
