Citi upgrades Orsted (DOGEF) to a Hold
In a report released today, Jenny Ping from Citi upgraded Orsted to a Hold, with a price target of DKK132.00.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Ping covers the Utilities sector, focusing on stocks such as Drax Group plc, Centrica, and Severn Trent. According to TipRanks, Ping has an average return of 10.0% and a 68.87% success rate on recommended stocks.
Currently, the analyst consensus on Orsted is a Hold with an average price target of DKK136.09.
The company has a one-year high of DKK193.97 and a one-year low of DKK96.37. Currently, Orsted has an average volume of 1.79M.
Based on the recent corporate insider activity of 10 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.
Read More on DOGEF:
Disclaimer & DisclosureReport an Issue
- Ørsted JV Sues U.S. Over Lease Suspension of Near-Complete Revolution Wind Project
- Ørsted Finalises Sale of 50% Stake in Hornsea 3 to Apollo Funds
- Ørsted Sells Majority Stake in Taiwan’s Greater Changhua 2 Wind Farm to Cathay
- Ørsted’s Revolution Wind and Sunrise Wind Ordered to Halt Offshore Work for 90 Days
- Orsted’s Uncertain Asset Sale and Financial Strategy: A Hold Rating Amid Mixed Signals
