Orsted (DOGEF) Gets a Hold from J.P. Morgan
J.P. Morgan analyst Vincent Ayral maintained a Hold rating on Orsted today and set a price target of DKK210.00. The company’s shares closed yesterday at $30.95.
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According to TipRanks, Ayral is ranked #7669 out of 9952 analysts.
Currently, the analyst consensus on Orsted is a Hold with an average price target of $41.39, implying a 33.73% upside from current levels. In a report released on August 25, Jefferies also maintained a Hold rating on the stock with a DKK190.00 price target.
Based on Orsted’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $15.05 billion and a net profit of $3.1 billion. In comparison, last year the company earned a revenue of $12.44 billion and had a GAAP net loss of $1.72 billion
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