Ørsted A/S (OTCMKTS:DNNGY) Upgraded at UBS Group

UBS Group upgraded shares of Ørsted A/S (OTCMKTS:DNNGY – Get Rating) from a neutral rating to a buy rating in a research report sent to investors on Tuesday morning, The Fly reports.

A number of other research analysts have also recently issued reports on DNNGY. Barclays raised Ørsted A/S from an underweight rating to an overweight rating in a research note on Monday, February 21st. HSBC lowered shares of Ørsted A/S from a buy rating to a hold rating in a report on Tuesday, March 1st. Morgan Stanley boosted their price objective on shares of Ørsted A/S from 900.00 to 1,000.00 in a report on Wednesday, May 4th. DZ Bank lowered shares of Ørsted A/S from a buy rating to a hold rating and set a 760.00 price objective for the company. in a report on Thursday, February 3rd. Finally, Credit Suisse Group lifted their target price on shares of Ørsted A/S from 590.00 to 610.00 in a research report on Thursday, March 31st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of Hold and an average price target of $772.50.

Shares of DNNGY stock opened at $37.75 on Tuesday. Ørsted A/S has a 52-week low of $31.75 and a 52-week high of $55.47. The business’s fifty day moving average is $37.81 and its 200 day moving average is $39.06.

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

About Ørsted A/S (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.

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