Ørsted A/S (OTCMKTS:DNNGY) Raised to Moderate Buy at Royal Bank Of Canada

Ørsted A/S (OTCMKTS:DNNGYGet Free Report) was upgraded by equities researchers at Royal Bank Of Canada to a “moderate buy” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

A number of other brokerages have also recently weighed in on DNNGY. Zacks Research upgraded Ørsted A/S to a “hold” rating in a research report on Thursday, May 21st. Morgan Stanley upgraded Ørsted A/S from an “equal weight” rating to an “overweight” rating in a research report on Thursday, May 14th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on DNNGY

Ørsted A/S Price Performance

Shares of OTCMKTS DNNGY opened at $6.93 on Tuesday. The firm’s 50-day moving average price is $7.33 and its two-hundred day moving average price is $7.82. Ørsted A/S has a 52-week low of $5.75 and a 52-week high of $33.02.

Ørsted A/S Company Profile

(Get Free Report)

Ørsted A/S (OTCMKTS:DNNGY) is a Denmark-based renewable energy company that specializes in the development, construction and operation of offshore wind farms. Formerly known as DONG Energy until its rebranding in 2017 to honor Danish scientist Hans Christian Ørsted, the company has grown into a global leader in offshore wind power and green energy solutions.

The company’s core activities include the full lifecycle management of offshore wind projects, encompassing site identification, engineering, turbine installation and long-term operations and maintenance.

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