2 days ago
Kepler Capital Reaffirms Their Hold Rating on Vestas Wind Systems (0NMK)
In a report released on June 27, William Mackie from Kepler Capital maintained a Hold rating on Vestas Wind Systems (0NMK – Research Report), with a price target of DKK120.00. The company's shares closed last Friday at DKK170.46.
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Mackie covers the Industrials sector, focusing on stocks such as ABB Ltd, FLSmidth & Co. A/S, and Alstom SA. According to TipRanks, Mackie has an average return of 8.4% and a 60.37% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vestas Wind Systems with a DKK140.17 average price target.
Based on Vestas Wind Systems' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of DKK3.47 billion and a net profit of DKK5 million. In comparison, last year the company earned a revenue of DKK2.68 billion and had a GAAP net loss of DKK68 million
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0NMK in relation to earlier this year.
