Barclays Remains a Sell on Orsted (DOGEF)
Barclays analyst Dominic Nash maintained a Sell rating on Orsted today and set a price target of DKK108.00. The company’s shares closed yesterday at $30.01.
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Nash covers the Utilities sector, focusing on stocks such as Orsted, Pennon Group plc, and Severn Trent. According to TipRanks, Nash has an average return of 13.5% and a 65.57% success rate on recommended stocks.
Currently, the analyst consensus on Orsted is a Hold with an average price target of $38.41, which is a 27.99% upside from current levels. In a report released yesterday, Banco Santander also downgraded the stock to a Sell with a DKK121.00 price target.
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 1,886.
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- Orsted downgraded to Underperform from Neutral at Grupo Santander
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- Orsted price target lowered to DKK 208 from DKK 210 at JPMorgan
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