Fortum Oyj (CPH) (FORTUM) PT Set at €17.60 by Goldman Sachs Group
FORTUM has been the subject of several other research reports. Societe Generale set a €23.60 ($27.44) price objective on shares of Fortum Oyj (CPH) and gave the company a buy rating in a research report on Tuesday, November 6th. Commerzbank set a €17.80 ($20.70) price objective on shares of Fortum Oyj (CPH) and gave the company a sell rating in a research report on Friday, July 20th. Finally, UBS Group set a €22.00 ($25.58) price objective on shares of Fortum Oyj (CPH) and gave the company a neutral rating in a research report on Wednesday, July 18th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Fortum Oyj (CPH) currently has a consensus rating of Hold and a consensus target price of €20.17 ($23.45).
Shares of Fortum Oyj (CPH) stock opened at €17.84 ($20.74) on Tuesday. Fortum Oyj has a 12-month low of €12.69 ($14.76) and a 12-month high of €18.94 ($22.02).
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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