UBS Keeps Their Buy Rating on Orsted (DOGEF)

UBS analyst Mark Freshney maintained a Buy rating on Orsted today and set a price target of DKK155.00. The company’s shares opened today at $19.18.

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According to TipRanks, Freshney is a 4-star analyst with an average return of 6.8% and a 67.76% success rate. Freshney covers the Utilities sector, focusing on stocks such as Centrica, Orsted, and SSE.

Orsted has an analyst consensus of Hold, with a price target consensus of $27.21, a 41.87% upside from current levels. In a report released on September 18, Berenberg Bank also maintained a Buy rating on the stock with a DKK130.00 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