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Berenberg Bank upgrades Orsted (DOGEF) to a Buy

Tipranks - Tipranks - Fri Aug 29, 2025

Berenberg Bank analyst James Carmichael upgraded Orsted to a Buy today and set a price target of DKK225.00. The company’s shares closed yesterday at $30.40.

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According to TipRanks, Carmichael is an analyst with an average return of -15.0% and a 32.20% success rate. Carmichael covers the Energy sector, focusing on stocks such as Harbour Energy, GALP Energia SGPS, and Repsol.

In addition to Berenberg Bank, Orsted also received a Buy from UBS’s Mark Freshney in a report issued on August 26. However, yesterday, J.P. Morgan maintained a Hold rating on Orsted (Other OTC: DOGEF).

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The company has a one-year high of $69.41 and a one-year low of $27.13. Currently, Orsted has an average volume of 1,606.

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