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Fortum Oyj (FOJCY) Stock Forecast & Price Target

$3.10
+0.08 (+2.65%)
(As of 10/2/2024 ET)

Fortum Oyj - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
0

Based on 1 Wall Street analysts who have issued ratings for Fortum Oyj in the last 12 months, the stock has a consensus rating of "Hold." Out of the 1 analysts, 1 has given a hold rating for FOJCY.

Consensus Price Target

N/A

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FOJCY Analyst Ratings Over Time

TypeCurrent Forecast
10/3/23 to 10/2/24
1 Month Ago
9/3/23 to 9/2/24
3 Months Ago
7/5/23 to 7/4/24
1 Year Ago
10/3/22 to 10/3/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
1 Buy rating(s)
5 Buy rating(s)
6 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetN/AN/AN/AN/A
Forecasted UpsideN/AN/AN/AN/A
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Moderate Buy

FOJCY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FOJCY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Fortum Oyj Stock vs. The Competition

TypeFortum OyjUtilities CompaniesS&P 500
Consensus Rating Score
2.00
2.48
2.50
Consensus RatingHoldHoldHold
Predicted UpsideN/A15.71% Upside6.88% Upside
News Sentiment Rating
Positive News

See Recent FOJCY News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/4/2023Danske
3 of 5 stars
 DowngradeBuy ➝ Hold
9/28/2023Barclays
3 of 5 stars
 Initiated CoverageOverweight ➝ Overweight
8/9/2023Morgan Stanley
3 of 5 stars
 Initiated CoverageOverweight
7/31/2023Nordea Equity Research
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 UpgradeHold ➝ Buy
7/25/2023Berenberg Bank
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 UpgradeHold ➝ Buy
7/18/2023Citigroup
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 UpgradeNeutral ➝ Buy
6/1/2023JPMorgan Chase & Co.
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 DowngradeOverweight ➝ Neutral
12/7/2022Credit Suisse Group
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 Lower Target€15.30 ➝ €15.20
11/28/2022Kepler Capital Markets
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 UpgradeReduce ➝ Hold
10/13/2022The Goldman Sachs Group
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 UpgradeNeutral ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:38 AM ET.


FOJCY Forecast - Frequently Asked Questions

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortum Oyj in the last year. There is currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" FOJCY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOJCY, but not buy additional shares or sell existing shares.

According to analysts, Fortum Oyj's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.

Analysts like Fortum Oyj less than other "utilities" companies. The consensus rating score for Fortum Oyj is 2.00 while the average consensus rating score for "utilities" companies is 2.47. Learn more on how FOJCY compares to other companies.


This page (OTCMKTS:FOJCY) was last updated on 10/2/2024 by MarketBeat.com Staff
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