Shares of FORTUM OYJ/ADR (OTCMKTS:FOJCY) have earned an average rating of “Hold” from the ten ratings firms that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company.
FOJCY has been the topic of a number of recent analyst reports. Berenberg Bank restated a “buy” rating on shares of FORTUM OYJ/ADR in a research report on Tuesday, March 17th. Deutsche Bank reaffirmed a “sell” rating on shares of FORTUM OYJ/ADR in a research note on Tuesday, May 12th. Goldman Sachs Group assumed coverage on shares of FORTUM OYJ/ADR in a research note on Thursday, June 4th. They issued a “sell” rating on the stock. UBS Group reaffirmed a “neutral” rating on shares of FORTUM OYJ/ADR in a research note on Tuesday, April 7th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of FORTUM OYJ/ADR in a research note on Thursday, May 7th.
FOJCY stock opened at $3.73 on Wednesday. FORTUM OYJ/ADR has a 52 week low of $2.62 and a 52 week high of $5.12. The firm’s 50-day moving average is $3.69 and its two-hundred day moving average is $4.01.
Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Russia, Poland, India, other parts of the Baltic Rim area, and internationally. The company's Generation segment generates power through nuclear, hydro, and thermal resources; and provides power portfolio optimization, trading, and industrial intelligence, as well as nuclear services.
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