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Vestas Wind Systems (0NMK) was downgraded to a Hold Rating at Kepler Capital

Tipranks - Thu Feb 12, 2:42AM CST

In a report released on February 9, William Mackie from Kepler Capital downgraded Vestas Wind Systems to a Hold, with a price target of DKK180.00. The company’s shares closed yesterday at DKK164.60.

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Mackie covers the Industrials sector, focusing on stocks such as Vestas Wind Systems, FLSmidth & Co. A/S, and Schneider Electric. According to TipRanks, Mackie has an average return of 12.2% and a 66.05% success rate on recommended stocks.

Vestas Wind Systems has an analyst consensus of Moderate Buy, with a price target consensus of DKK183.56, which is an 11.52% upside from current levels. In a report released on February 6, Deutsche Bank also maintained a Hold rating on the stock with a DKK185.00 price target.

0NMK market cap is currently DKK166.2B and has a P/E ratio of 28.32.

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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