Fortum Oyj (OTCMKTS:FOJCY – Get Free Report)’s share price gapped up prior to trading on Thursday. The stock had previously closed at $4.99, but opened at $5.21. Fortum Oyj shares last traded at $5.20, with a volume of 1,133 shares changing hands.
Analysts Set New Price Targets
Separately, UBS Group raised shares of Fortum Oyj from a “strong sell” rating to a “hold” rating in a research note on Friday, October 2nd. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Fortum Oyj has an average rating of “Hold”.
Check Out Our Latest Stock Report on Fortum Oyj
Fortum Oyj Stock Performance
Fortum Oyj Company Profile
Fortum Oyj is a Finnish energy company headquartered in Espoo, Finland. The company generates and sells electricity and provides heating and cooling services, with a primary focus on reliable, low-carbon energy production. Its generation portfolio includes hydropower, nuclear power, wind power and solar power, complemented by flexible thermal generation and energy services.
Fortum serves customers primarily in the Nordic region and Poland. In addition to supplying electricity and district heating, the company provides solutions intended to help businesses and communities reduce emissions, improve energy efficiency and transition away from fossil fuels.
Further Reading
- Five stocks we like better than Fortum Oyj
- This Space ETF Offers SpaceX Exposure—But Investors Are Paying for the Volatilit
- Does Lemonade’s Growth Signal Profits Ahead?
- These 3 ETFs Could Benefit From the Parts of Inflation That Won’t Go Away
- Why Light Is the New AI Bottleneck—And 3 Photonics Stocks to Play It
Receive News & Ratings for Fortum Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortum Oyj and related companies with MarketBeat.com's FREE daily email newsletter.
