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DZ BANK AG Keeps Their Buy Rating on Vestas Wind Systems (0NMK)

Tipranks - Sat Feb 7, 3:30AM CST

DZ BANK AG analyst Aristotelis Moutopoulos maintained a Buy rating on Vestas Wind Systems yesterday. The company’s shares closed yesterday at DKK176.40.

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According to TipRanks, Moutopoulos is a 2-star analyst with an average return of 0.7% and a 61.90% success rate.

Vestas Wind Systems has an analyst consensus of Moderate Buy, with a price target consensus of DKK186.00, implying a 5.44% upside from current levels. In a report released today, Citi also maintained a Buy rating on the stock with a DKK240.00 price target.

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

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.

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