6 stories mentioning ORSTED.COUpdated 58m ago
Every FINWIRES story that references ORSTED.CO, newest first.
AlphaValue/Baader Europe on Friday upgraded renewable energy company Ørsted (ORSTED.CO) to buy from add and increased its price target to 199 Danish kroner from 197 kroner.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Morgan Stanley on Wednesday upgraded renewable energy company Ørsted (ORSTED.CO) to an overweight from an equal weight rating and raised its price target to 225 Danish kroner from 160 kroner.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
RBC Capital Markets adjusted its earnings forecasts and price target for Equinor (EQNR.OL) following the Norwegian energy company's "strong" trading results in the first three months of the year.Analysts on Wednesday revised estimates to reflect the first-quarter performance and the latest outlook, with RBC's production growth forecast of 5% above management's 3% guidance. The research firm added that its model now incorporates "cash tax smoothing," anticipating Equinor would use the "enormous" pre-tax tailwind to settle additional taxes in the second half of 2026.Against this backdrop, RBC lowered its price target to 360 Norwegian kroner from 380 kroner, and reiterated its underperform rating, noting the company's shares suggest a "more optimistic" macroeconomic scenario compared with other companies in the industry."A robust quarter, but unfortunately reporting on the wrong day. Equinor's share price reaction today was more driven by de-escalation headlines than anything in the release, with the company reporting record production and a beat across multiple divisions. We continue to see question marks over Equinor's 10% holding in Ørsted [ORSTED.CO], with the company recently deciding not to nominate a board member. We expect clarity with the upcoming [capital markets day] in June. While this remains a relatively small part of the overall investment case, it speaks to the broader capital allocation strategy and its plans for offshore wind," the note said. The Oslo-listed stock was down over 8% at Wednesday's close.
ABG Sundal Collier on Monday raised its price target for wind energy company Ørsted (ORSTED.CO) to 160 Danish kroner from 125 kroner and affirmed its hold rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Goldman Sachs on Monday upgraded wind energy company Ørsted (ORSTED.CO) to buy from neutral and raised the price target to 185.00 Danish kroner from 150.00 kroner.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
SEB Bank on Thursday upgraded Danish energy company Ørsted (ORSTED.CO) to a buy rating from hold and raised its price target to 190 kroner from 150 kroner.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
