Ørsted A/S (OTCMKTS:DNNGY) Stock Rating Upgraded by Royal Bank Of Canada

Ørsted A/S (OTCMKTS:DNNGY) was upgraded by research analysts at Royal Bank Of Canada to a “moderate buy” rating in a report issued on Tuesday, Zacks reports.

DNNGY has been the subject of several other research reports. Zacks Research raised Ørsted A/S to a “hold” rating in a research note on Thursday, May 21st. Morgan Stanley raised shares of Ørsted A/S from an “equal weight” rating to an “overweight” rating in a report on Thursday, May 14th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Ørsted A/S Stock Down 1.8%

Shares of Ørsted A/S stock opened at $6.93 on Tuesday. The business’s fifty day moving average price is $7.33 and its two-hundred day moving average price is $7.82. Ørsted A/S has a 1-year low of $5.75 and a 1-year high of $33.02.

About Ørsted A/S

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.