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Morgan Stanley Sticks to Its Hold Rating for Vestas Wind Systems (0NMK)

Tipranks - Tipranks - Fri Jul 3, 11:50AM CDT

In a report released today, Max Yates from Morgan Stanley maintained a Hold rating on Vestas Wind Systems, with a price target of DKK190.00.

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According to TipRanks, Yates is ranked #870 out of 12296 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vestas Wind Systems with a DKK196.91 average price target.

See today’s best-performing stocks on TipRanks >>

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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