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Vestas Wind (OTCMKTS:VWDRY) was downgraded by analysts at HSBC from an “overweight” rating to a “neutral” rating in a research report issued to clients and investors on Friday.

Vestas Wind (OTCMKTS:VWDRY) traded up 3.65% during mid-day trading on Friday, hitting $15.62. 16,106 shares of the company’s stock traded hands. Vestas Wind has a 52 week low of $5.37 and a 52 week high of $18.36. The stock has a 50-day moving average of $16.95 and a 200-day moving average of $13.76. The company has a market cap of $10.054 billion and a price-to-earnings ratio of 95.88.

Several other analysts have also recently commented on the stock. Analysts at BNP Paribas initiated coverage on shares of Vestas Wind in a research note on Tuesday, June 17th. They set an “underperform” rating on the stock. Analysts at Goldman Sachs downgraded shares of Vestas Wind from a “buy” rating to a “neutral” rating in a research note on Friday, May 30th.

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