Vestas Wind Systems (0NMK) Gets a Buy from RBC Capital
RBC Capital analyst Mark Fielding maintained a Buy rating on Vestas Wind Systems today and set a price target of DKK200.00.
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Fielding covers the Industrials sector, focusing on stocks such as Rolls-Royce Holdings, Smiths Group plc, and Weir Group plc (The). According to TipRanks, Fielding has an average return of 10.1% and a 65.33% success rate on recommended stocks.
In addition to RBC Capital, Vestas Wind Systems also received a Buy from Jefferies’s Lucas Ferhani in a report issued on March 19. However, on March 10, 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.
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