Deutsche Bank AG Analysts Give Fortum Oyj (FORTUM) a €12.00 Price Target
FORTUM has been the topic of several other research reports. Macquarie set a €20.00 ($23.53) price target on Fortum Oyj and gave the company a buy rating in a report on Monday, October 2nd. UBS AG set a €19.25 ($22.65) price target on Fortum Oyj and gave the company a buy rating in a report on Tuesday, October 24th. J P Morgan Chase & Co set a €17.50 ($20.59) price target on Fortum Oyj and gave the company a neutral rating in a report on Friday, October 6th. Berenberg Bank set a €17.00 ($20.00) price target on Fortum Oyj and gave the company a neutral rating in a report on Friday, September 29th. Finally, S&P Global set a €17.50 ($20.59) price target on Fortum Oyj and gave the company a neutral rating in a report on Thursday, September 28th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Fortum Oyj currently has a consensus rating of Hold and a consensus price target of €16.54 ($19.45).
Fortum Oyj Company Profile
Fortum Oyj is a Finland-based company engaged in the generation and sale of electricity and heat, and operation and maintenance of power plants, as well as energy-related services. The Company operates, along with its subsidiaries, in four business segments: Power, comprising the Company’s power generation, physical operation and trading, as well as expert services for power producers; Heat, consisting of combined heat and power generation (CHP), district heating and cooling activities and business-to-business heating solutions; Russia, including power and heat generation and sales in Russia, and Electricity Solutions, responsible for Fortum’s electricity sales.
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