Orsted A/S traded at 141.95 this Friday November 13th, decreasing 1.50 or 1.05 percent since the previous trading session. Looking back, over the last four weeks, Orsted A/S lost 12.44 percent. Over the last 12 months, its price rose by 14.52 percent. Looking ahead, we forecast Orsted A/S to be priced at 136.66 by the end of this quarter and at 121.93 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.