Ørsted A/S (OTCMKTS:DNNGY) Rating Lowered to “Hold” at The Goldman Sachs Group

Ørsted A/S (OTCMKTS:DNNGY – Get Free Report) was downgraded by The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

Separately, Royal Bank Of Canada raised shares of Ørsted A/S to a “moderate buy” rating in a research note on Tuesday, September 1st. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on DNNGY

Ørsted A/S Trading Down 4.8%

OTCMKTS:DNNGY opened at $6.21 on Tuesday. The firm’s 50 day simple moving average is $6.94 and its 200 day simple moving average is $7.65. Ørsted A/S has a one year low of $5.75 and a one year high of $20.66.

Ørsted A/S Company Profile

(Get Free Report)

Ørsted A/S is a Denmark-based renewable energy company focused primarily on developing, constructing, owning and operating offshore wind farms. The company also develops onshore wind and solar projects, battery storage facilities and other renewable energy infrastructure. Its activities include project development, engineering, construction, operations and maintenance, and the sale of renewable power.

The company was formerly known as DONG Energy and historically operated across oil, natural gas and conventional energy activities.

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