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Barclays Keeps Their Sell Rating on Vestas Wind Systems (0NMK)

Tipranks - Tipranks - Wed May 27, 6:20AM CDT

In a report released today, Vladimir Sergievskiy from Barclays maintained a Sell rating on Vestas Wind Systems, with a price target of DKK80.00.

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According to TipRanks, Sergievskiy is an analyst with an average return of -2.9% and a 43.98% success rate.

Currently, the analyst consensus on Vestas Wind Systems is a Moderate Buy with an average price target of DKK199.75.

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Based on Vestas Wind Systems’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of DKK3.97 billion and a net profit of DKK82 million. In comparison, last year the company earned a revenue of DKK3.47 billion and had a net profit of DKK5 million

Based on the recent corporate insider activity of 13 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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