Kepler Capital Keeps Their Buy Rating on Vestas Wind Systems (0NMK)
Kepler Capital analyst William Mackie maintained a Buy rating on Vestas Wind Systems on February 5 and set a price target of DKK200.00. The company’s shares closed last Thursday at DKK176.40.
Claim 50% Off TipRanks Premium
- 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
According to TipRanks, Mackie is a 5-star analyst with an average return of 11.1% and a 64.74% success rate. Mackie covers the Industrials sector, focusing on stocks such as Siemens Energy, FLSmidth & Co. A/S, and Schneider Electric.
Currently, the analyst consensus on Vestas Wind Systems is a Moderate Buy with an average price target of DKK186.00, a 5.44% upside from current levels. In a report released yesterday, 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.
