Fortum Oyj (HEL:FORTUM) received a €21.00 ($24.42) price target from research analysts at Oddo Bhf in a report issued on Thursday. The firm presently has a “neutral” rating on the stock. Oddo Bhf’s price target indicates a potential upside of 17.71% from the company’s current price.
FORTUM has been the topic of several other research reports. Macquarie set a €22.50 ($26.16) price objective on shares of Fortum Oyj and gave the stock a “buy” rating in a report on Friday, June 15th. JPMorgan Chase & Co. set a €18.50 ($21.51) price objective on shares of Fortum Oyj and gave the stock a “neutral” rating in a report on Tuesday, April 24th. Finally, Deutsche Bank set a €15.50 ($18.02) price objective on shares of Fortum Oyj and gave the stock a “sell” rating in a report on Monday, March 12th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of €19.17 ($22.29).
Fortum Oyj opened at €17.84 ($20.74) on Thursday, Marketbeat.com reports. Fortum Oyj has a 52-week low of €12.69 ($14.76) and a 52-week high of €18.94 ($22.02).
Fortum Oyj Company Profile
Fortum Oyj is a Finland-based company engaged in the generation and sale of electricity and heat, and operation and maintenance of power plants, as well as energy-related services. The Company operates, along with its subsidiaries, in four business segments: Power, comprising the Company’s power generation, physical operation and trading, as well as expert services for power producers; Heat, consisting of combined heat and power generation (CHP), district heating and cooling activities and business-to-business heating solutions; Russia, including power and heat generation and sales in Russia, and Electricity Solutions, responsible for Fortum’s electricity sales.
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