UBS Sticks to Their Buy Rating for 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 closed last Friday at $18.35.

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According to TipRanks, Freshney is a 4-star analyst with an average return of 8.8% and a 71.71% success rate. Freshney covers the Utilities sector, focusing on stocks such as Orsted, Centrica, and SSE.

Currently, the analyst consensus on Orsted is a Hold with an average price target of $22.19, a 20.93% upside from current levels. In a report released on October 23, Kepler Capital also maintained a Buy rating on the stock with a DKK140.00 price target.

DOGEF market cap is currently $24.43B and has a P/E ratio of 15.58.

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DOGEF in relation to earlier this year.