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Orsted (DNNGY) Receives a Buy from Berenberg Bank

Tipranks - Fri Feb 27, 12:36AM CST

In a report released yesterday, from Berenberg Bank maintained a Buy rating on Orsted, with a price target of $9.47. The company’s shares closed yesterday at $8.17.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Orsted with a $9.47 average price target.

Based on Orsted’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $17.57 billion and a GAAP net loss of $3.46 billion. In comparison, last year the company earned a revenue of $17.68 billion and had a GAAP net loss of $6.16 billion

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