J.P. Morgan analyst Vincent Ayral maintained a Hold rating on Orsted (OTC:DOGEF) A/S on Thursday, setting a price target of DKK969, which is approximately 0.68% below the present share price of $154.74.
Ayral expects Orsted A/S to post earnings per share (EPS) of $0.00 for the third quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Orsted, with an average price target of $162.62.
The analysts price targets range from a high of $206.18 to a low of $92.78.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $15.72 billion and a net profit of $2.68 billion. The company's market cap is $65 billion.
According to TipRanks.com, J.P. Morgan analyst Vincent Ayral is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 6.8% and a 50.00% success rate.
Ørsted A/S engages in the provision of renewable energy solutions. It operates through the following business segments: Wind Power, Bioenergy & Thermal Power, Distribution & Customer Solutions and Other Activities. The Wind Power segment develops, constructs, owns, and operates offshore wind farms in Denmark, the UK, Germany, the Netherlands, USA, and Taiwan. The Bioenergy & Thermal Power segment includes the generation of heat and power from combined heat and power plants in Denmark, a gas fired power plant in the Netherlands, and a Renescience plant in the UK. The Distribution & Customer Solutions segment consists of power distribution and sale of power and gas in the wholesale and retail markets in Denmark, Sweden, Germany, and the UK, as well as optimization and hedging of its overall energy portfolio. The company was founded on March 14, 2006 and is headquartered in Fredericia, Denmark.