Ørsted A/S (OTCMKTS:DNNGY) Receives Average Recommendation of “Hold” from Analysts

Shares of Ørsted A/S (OTCMKTS:DNNGYGet Rating) have received an average rating of “Hold” from the fifteen brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $772.50.

Several analysts recently commented on DNNGY shares. Jefferies Financial Group raised shares of Ørsted A/S from an “underperform” rating to a “hold” rating in a research report on Thursday, March 24th. Royal Bank of Canada downgraded shares of Ørsted A/S from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, January 25th. Morgan Stanley increased their price objective on shares of Ørsted A/S from 900.00 to 1,000.00 in a research report on Wednesday. DZ Bank downgraded shares of Ørsted A/S from a “buy” rating to a “hold” rating and set a 760.00 price objective on the stock. in a research report on Thursday, February 3rd. Finally, Citigroup downgraded shares of Ørsted A/S from a “neutral” rating to a “sell” rating in a research report on Wednesday, April 27th.

Shares of OTCMKTS:DNNGY traded down $1.97 during midday trading on Friday, reaching $33.96. The company’s stock had a trading volume of 70,640 shares, compared to its average volume of 85,750. Ørsted A/S has a 12-month low of $32.96 and a 12-month high of $55.47. The firm has a 50 day moving average of $39.75 and a 200-day moving average of $40.33.

The business also recently announced a dividend, which was paid on Thursday, April 28th. Shareholders of record on Tuesday, April 12th were paid a dividend of $0.4109 per share. This represents a yield of 1%. The ex-dividend date of this dividend was Monday, April 11th.

Ørsted A/S Company Profile (Get Rating)

Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. It operates through Offshore, Onshore, and Markets & Bioenergy segments. The Offshore segment develops, constructs, owns, and operates offshore wind farms in the United Kingdom, Germany, Denmark, the Netherlands, the United States, Taiwan, Japan, and South Korea.

Read More

Analyst Recommendations for Ørsted A/S (OTCMKTS:DNNGY)

Receive News & Ratings for Ørsted A/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ørsted A/S and related companies with MarketBeat.com's FREE daily email newsletter.