Consensus Fortum Oyj

Equities

FORTUM

FI0009007132

Real-time Estimate Tradegate Other stock markets 05:05:51 2024-05-28 am EDT			5-day change	1st Jan Change
14.27 ^EUR	+0.81%		-3.42%	+9.04%

11:02am	Valmet to Deliver Automation System to Fortum, Microsoft's Data Center Heat Recovery Concept	MT
May. 24	Utilities EPS have not factored the rapid surge in energy prices

Evolution of the average Target Price on Fortum Oyj

Price target over the last 5 years

History of analyst recommendation changes

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Analyst Recommendations on Fortum Oyj

Valmet to Deliver Automation System to Fortum, Microsoft's Data Center Heat Recovery Concept	05:02am	MT
Utilities EPS have not factored the rapid surge in energy prices	May. 24
FORTUM : EPS upgrade (2024: +4.6%, 2025: +4.2%)	Apr. 30
FORTUM : Q1 24: Better volumes but lower achieved prices	Apr. 30
FORTUM OYJ - PPA WITH PROGRESSIVE PRICING FOR DELIVERY OF ABOUT…	Apr. 17	RE
FITCH RATINGS AFFIRMS FORTUM'S LONG-TERM RATING OF BBB WITH STAB…	Mar. 18	RE
FORTUM OYJ: BERENBERG CUTS TO HOLD FROM BUY; CUTS TARGET PRICE T…	Mar. 04	RE
FORTUM : FY23: the wholesale market will be the key driver in 2024	Feb. 08
Renewables, after FY23 the bottom of the wave is certainly past	Feb. 05
FORTUM : Opinion change, from Buy to Add	Jan. 22
FORTUM OYJ: GOLDMAN SACHS CUTS TO NEUTRAL FROM BUY; CUTS TARGET…	Jan. 08	RE
FORTUM : 9M23: Back to basics with lower expenses	Nov. 03
Wind Power Package Overview	23-10-25
UTILITIES : Time for a come back?	23-10-11
Ursula von der Leyen promises a new ‘Wind Power Package‘ in 2024	23-09-14
FORTUM : EPS upgrade (2022: -4.3%, 2023: +11.6%)	23-08-25
FORTUM OYJ: CREDIT SUISSE CUTS TARGET PRICE TO EUR 13 FROM EUR 1…	23-08-08	RE
Roadshow - Berenberg	23-08-07	FA
FORTUM OYJ: INDERES CUTS TARGET PRICE TO EUR 15.0 FROM EUR 16.0;…	23-08-07	RE
FORTUM : H1 23: Positive inertia effect following the hedging of contracts in 2022	23-08-04
FORTUM OYJ: BERENBERG RAISES TO BUY FROM HOLD; RAISES TARGET PRI…	23-07-25	RE
FORTUM : Q1 2023: Higher prices comfortably offset lower generation	23-05-15
FORTUM OYJ: INDERES RAISES TO BUY FROM ACCUMULATE; TARGET PRICE…	23-05-12	RE
FORTUM OYJ: INDERES CUTS TARGET PRICE TO EUR 15.0 FROM EUR 16.5;…	23-05-08	RE
Fortum Oyj : Fitch credit rating report May 2023	23-05-04	PU

More recommendations

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

14.16 EUR

Average target price

13.13 EUR

Spread / Average Target

-7.22%

High Price Target

18 EUR

Spread / Highest target

+27.16%

Low Price Target

11 EUR

Spread / Lowest Target

-22.29%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Fortum Oyj

alphavalue	Pierre-Alexandre Ramondenc
GOLDMAN SACHS	Ajay Patel
ODDO BHF	Louis Boujard
BERNSTEIN RESEARCH	Deepa Venkateswaran
JPMORGAN	Vincent Ayral
BARCLAYS	Peter Crampton

Ratings for Fortum Oyj

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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