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Deutsche Bank Sticks to Their Hold Rating for Vestas Wind Systems (0NMK)

Tipranks - Tipranks - Sat Feb 7, 10:58AM CST

In a report released today, from Deutsche Bank maintained a Hold rating on Vestas Wind Systems, with a price target of DKK185.00.

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Currently, the analyst consensus on Vestas Wind Systems is a Moderate Buy with an average price target of DKK186.00.

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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

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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