Vestas Wind Systems A/S (OTCMKTS:VWDRY) Receives Consensus Rating of “Hold” from Brokerages

Shares of Vestas Wind Systems A/S (OTCMKTS:VWDRYGet Rating) have received a consensus rating of “Hold” from the eleven research firms that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $177.67.

Several equities research analysts have recently commented on VWDRY shares. Jefferies Financial Group upgraded shares of Vestas Wind Systems A/S from an “underperform” rating to a “hold” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Vestas Wind Systems A/S from 185.00 to 170.00 and set a “hold” rating for the company in a research note on Friday, January 28th. Morgan Stanley cut their price target on Vestas Wind Systems A/S from 199.00 to 173.00 in a research report on Friday, April 22nd. Credit Suisse Group upgraded Vestas Wind Systems A/S from an “underperform” rating to an “outperform” rating in a research note on Tuesday, April 5th. Finally, Kepler Capital Markets downgraded Vestas Wind Systems A/S from a “buy” rating to a “hold” rating in a report on Thursday, January 27th.

Shares of OTCMKTS VWDRY opened at $7.67 on Friday. The firm has a market capitalization of $23.24 billion, a price-to-earnings ratio of -42.61, a PEG ratio of 16.81 and a beta of 0.95. Vestas Wind Systems A/S has a 52-week low of $7.66 and a 52-week high of $14.71. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.54 and a current ratio of 1.02. The stock has a 50 day moving average price of $9.65 and a 200 day moving average price of $10.08.

Vestas Wind Systems A/S (OTCMKTS:VWDRYGet Rating) last issued its quarterly earnings data on Thursday, February 10th. The energy company reported $0.01 EPS for the quarter. The company had revenue of $5.20 billion during the quarter. Vestas Wind Systems A/S had a negative net margin of 3.13% and a positive return on equity of 0.84%. Analysts forecast that Vestas Wind Systems A/S will post -0.11 earnings per share for the current year.

The company also recently declared a dividend, which was paid on Friday, April 22nd. Investors of record on Thursday, April 7th were given a dividend of $0.0117 per share. This represents a dividend yield of 0.12%. The ex-dividend date of this dividend was Wednesday, April 6th. Vestas Wind Systems A/S’s payout ratio is -5.56%.

About Vestas Wind Systems A/S (Get Rating)

Vestas Wind Systems A/S designs, manufactures, installs, and services wind turbines worldwide. The company operates in two segments, Power Solutions and Service. The Power Solutions segment sells wind power plants, wind turbines, development sites, etc. The Service segment engages in the sale of service contracts, spare parts, and related activities.

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Analyst Recommendations for Vestas Wind Systems A/S (OTCMKTS:VWDRY)

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