Orsted A/S traded at 149.55 this Tuesday June 23rd, decreasing 2.20 or 1.45 percent since the previous trading session. Looking back, over the last four weeks, Orsted A/S lost 11.77 percent. Over the last 12 months, its price fell by 47.16 percent. Looking ahead, we forecast Orsted A/S to be priced at 141.32 by the end of this quarter and at 122.55 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.