Berenberg Bank set a €22.00 ($26.19) target price on Fortum Oyj (HEL:FORTUM) in a research note published on Friday morning. The brokerage currently has a buy rating on the stock.

Other analysts also recently issued research reports about the stock. S&P Global set a €17.50 ($20.83) price objective on shares of Fortum Oyj and gave the company a neutral rating in a report on Thursday, September 28th. Kepler Capital Markets set a €12.00 ($14.29) price objective on shares of Fortum Oyj and gave the company a sell rating in a report on Wednesday, September 27th. JPMorgan Chase & Co. set a €17.50 ($20.83) price objective on shares of Fortum Oyj and gave the company a neutral rating in a report on Friday, October 27th. Deutsche Bank set a €12.00 ($14.29) price objective on shares of Fortum Oyj and gave the company a sell rating in a report on Friday, October 27th. Finally, UBS Group set a €19.25 ($22.92) price objective on shares of Fortum Oyj and gave the company a buy rating in a report on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. Fortum Oyj currently has an average rating of Hold and an average price target of €18.04 ($21.47).

Shares of Fortum Oyj (HEL:FORTUM) opened at €17.63 ($20.99) on Friday. The stock has a market cap of $15,660.00 and a PE ratio of 20.50. Fortum Oyj has a twelve month low of €12.69 ($15.11) and a twelve month high of €18.94 ($22.55).

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About Fortum Oyj

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.

Analyst Recommendations for Fortum Oyj (HEL:FORTUM)

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