Vestas Wind Systems (0NMK) Gets a Buy from Citi
In a report released yesterday, Martin Wilkie from Citi maintained a Buy rating on Vestas Wind Systems, with a price target of DKK240.00. The company’s shares closed yesterday at DKK158.20.
President's Day Sale - 70% Off
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Wilkie covers the Industrials sector, focusing on stocks such as Smiths Group plc, KION GROUP AG, and Vestas Wind Systems. According to TipRanks, Wilkie has an average return of 24.4% and a 73.64% success rate on recommended stocks.
In addition to Citi, Vestas Wind Systems also received a Buy from Goldman Sachs’s Ajay Patel in a report issued on February 17. However, on the same day, Barclays maintained a Sell rating on Vestas Wind Systems (LSE: 0NMK).
Based on Vestas Wind Systems’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of DKK6.27 billion and a net profit of DKK439 million. In comparison, last year the company earned a revenue of DKK6.14 billion and had a net profit of DKK598 million
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.
Read More on GB:0NMK:
