J.P. Morgan Reaffirms Their Hold Rating on Orsted (DOGEF)
In a report released today, Javier Garrido from J.P. Morgan maintained a Hold rating on Orsted, with a price target of DKK208.00. The company’s shares opened today at $32.65.
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According to TipRanks, Garrido is a 4-star analyst with an average return of 12.0% and a 69.23% success rate. Garrido covers the Utilities sector, focusing on stocks such as E.ON SE, RWE AG, and Iberdrola.
The word on The Street in general, suggests a Hold analyst consensus rating for Orsted with a $40.96 average price target, which is a 25.45% upside from current levels. In a report released today, Jefferies also maintained a Hold rating on the stock with a DKK190.00 price target.
DOGEF market cap is currently $13.07B and has a P/E ratio of 14.93.
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