Ørsted A/S (OTCMKTS:DNNGY) Stock Rating Upgraded by Morgan Stanley

Ørsted A/S (OTCMKTS:DNNGY) was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report issued on Thursday.

Separately, The Goldman Sachs Group upgraded shares of Ørsted A/S from a “neutral” rating to a “buy” rating in a research note on Monday, April 27th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Ørsted A/S Stock Performance

Shares of DNNGY stock opened at $8.48 on Thursday. The stock’s 50 day simple moving average is $8.04 and its two-hundred day simple moving average is $7.33. 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.