Zacks Research Upgrades Ørsted A/S (OTCMKTS:DNNGY) to Hold

Ørsted A/S (OTCMKTS:DNNGYGet Free Report) was upgraded by equities researchers at Zacks Research to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Several other brokerages also recently commented on DNNGY. The Goldman Sachs Group upgraded Ørsted A/S from a “neutral” rating to a “buy” rating in a research note on Monday, April 27th. Morgan Stanley upgraded Ørsted A/S from an “equal weight” rating to an “overweight” rating in a research note on Thursday, May 14th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

View Our Latest Stock Analysis on DNNGY

Ørsted A/S Stock Up 3.2%

Shares of OTCMKTS:DNNGY opened at $8.95 on Thursday. Ørsted A/S has a 12-month low of $5.75 and a 12-month high of $33.02. The business has a fifty day simple moving average of $8.19 and a 200 day simple moving average of $7.45.

About Ørsted A/S

(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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