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J.P. Morgan Reaffirms Their Buy Rating on Vestas Wind Systems (0NMK)

Tipranks - Tipranks - Wed Jan 14, 6:56AM CST

J.P. Morgan analyst Phil Buller maintained a Buy rating on Vestas Wind Systems today and set a price target of DKK200.00.

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Buller covers the Industrials sector, focusing on stocks such as ABB Ltd, Schneider Electric, and Siemens. According to TipRanks, Buller has an average return of 19.6% and a 61.93% success rate on recommended stocks.

In a report released on January 7, Citi also maintained a Buy rating on the stock with a DKK240.00 price target.

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Based on Vestas Wind Systems’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of DKK5.34 billion and a net profit of DKK302 million. In comparison, last year the company earned a revenue of DKK5.18 billion and had a net profit of DKK127 million

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