Other equities research analysts have also recently issued reports about the stock. Societe Generale set a €20.80 ($25.68) price objective on shares of Fortum Oyj and gave the stock a buy rating in a research report on Monday, January 22nd. Berenberg Bank set a €22.00 ($27.16) price objective on shares of Fortum Oyj and gave the stock a buy rating in a research report on Friday, January 12th. Finally, JPMorgan Chase & Co. set a €17.50 ($21.60) price target on shares of Fortum Oyj and gave the stock a neutral rating in a research note on Monday, February 5th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of €18.38 ($22.69).
Shares of FORTUM stock opened at €17.84 ($22.02) on Monday. The stock has a market cap of $15,850.00 and a price-to-earnings ratio of 18.39. Fortum Oyj has a 1 year low of €12.69 ($15.67) and a 1 year high of €18.94 ($23.38).
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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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