In a report released today, Alexander Wheeler from RBC Capital maintained a Hold rating on Orsted (DOGEF – Research Report), with a price target of DKK450.00. The company’s shares opened today at $54.79.
According to TipRanks, Wheeler is a 2-star analyst with an average return of 0.6% and a 43.22% success rate.
In addition to RBC Capital, Orsted also received a Hold from Kepler Capital ‘s Ingo Becker in a report issued on November 6. However, on November 8, UBS maintained a Buy rating on Orsted (Other OTC: DOGEF).
DOGEF market cap is currently $22.16B and has a P/E ratio of 28.79.
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Orsted (DOGEF) Company Description:
Ørsted A/S engages in the provision of renewable energy solutions. It operates through the following business segments: Wind Power, Bioenergy & Thermal Power, Distribution & Customer Solutions and Other Activities. The Wind Power segment develops, constructs, owns, and operates offshore wind farms in Denmark, the UK, Germany, the Netherlands, USA, and Taiwan. The Bioenergy & Thermal Power segment includes the generation of heat and power from combined heat and power plants in Denmark, a gas fired power plant in the Netherlands, and a Renescience plant in the UK. The Distribution & Customer Solutions segment consists of power distribution and sale of power and gas in the wholesale and retail markets in Denmark, Sweden, Germany, and the UK, as well as optimization and hedging of its overall energy portfolio. The company was founded on March 14, 2006 and is headquartered in Fredericia, Denmark.
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