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Deutsche Bank Keeps Their Hold Rating on Vestas Wind Systems (0NMK)

Tipranks - Tipranks - Thu Jul 2, 3:02AM CDT

In a report released today, from Deutsche Bank maintained a Hold rating on Vestas Wind Systems, with a price target of DKK200.00.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vestas Wind Systems with a DKK200.17 average price target.

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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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