Orsted A/S traded at 131.60 this Friday October 23rd, increasing 1.75 or 1.35 percent since the previous trading session. Looking back, over the last four weeks, Orsted A/S gained 3.06 percent. Over the last 12 months, its price rose by 10.87 percent. Looking ahead, we forecast Orsted A/S to be priced at 126.69 by the end of this quarter and at 113.04 in one year, according to Trading Economics global macro models projections and analysts expectations.
Orsted A/S, formerly Dong Energy A/S, is a Denmark-based energy company engaged in procuring, producing, distributing and trading energy and related products in Northwestern Europe. The Company operates through three segments: Wind Power, engaged in the development, construction and operations of wind farms; Bioenergy and Thermal Power, responsible for the generation of electricity and heat from thermal power stations; and Distribution and Customer Solutions, responsible for the purchase, sale and distribution of energy. The Company''s competences are aimed at three core activities: development and construction of assets, operations and maintenance of assets, and sales and optimization of the energy commodities portfolio.