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Vestas Wind Systems (0NMK) Receives a Buy from Citi

Tipranks - Mon Mar 30, 1:20AM CDT

In a report released on March 27, Martin Wilkie from Citi maintained a Buy rating on Vestas Wind Systems. The company’s shares closed last Friday at DKK175.85.

End of Quarter Sale - 50% Off TipRanks

According to TipRanks, Wilkie is a 5-star analyst with an average return of 22.5% and a 69.82% success rate. Wilkie covers the Industrials sector, focusing on stocks such as Vestas Wind Systems, KION GROUP AG, and Smiths Group plc.

Vestas Wind Systems has an analyst consensus of Moderate Buy, with a price target consensus of $28.22, implying a -83.95% downside from current levels. In a report released on March 27, Bernstein also maintained a Buy rating on the stock with a DKK195.00 price target.

0NMK market cap is currently DKK177.4B and has a P/E ratio of 29.77.

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.

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