Ørsted A/S (OTCMKTS:DNNGY) Upgraded to “Overweight” at Morgan Stanley

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

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

Ørsted A/S Stock Performance

Shares of DNNGY stock opened at $8.48 on Thursday. Ørsted A/S has a fifty-two week low of $5.75 and a fifty-two week high of $33.02. The stock’s 50-day simple moving average is $8.04 and its 200-day simple moving average is $7.33.

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.