VESTAS WIND SYS/ADR (OTCMKTS:VWDRY) Given Average Recommendation of “Hold” by Brokerages

Shares of VESTAS WIND SYS/ADR (OTCMKTS:VWDRY) have been given a consensus recommendation of “Hold” by the seven analysts that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $35.00.

VWDRY has been the topic of several recent analyst reports. Deutsche Bank reissued a “buy” rating on shares of VESTAS WIND SYS/ADR in a report on Wednesday, June 10th. Morgan Stanley reissued an “equal weight” rating on shares of VESTAS WIND SYS/ADR in a report on Wednesday, May 6th. Zacks Investment Research lowered shares of VESTAS WIND SYS/ADR from a “buy” rating to a “hold” rating and set a $35.00 price target on the stock. in a research report on Friday, May 22nd. Credit Suisse Group restated an “underperform” rating on shares of VESTAS WIND SYS/ADR in a research report on Thursday, March 26th. Finally, Pareto Securities initiated coverage on shares of VESTAS WIND SYS/ADR in a research report on Tuesday, May 12th. They issued a “buy” rating on the stock.

VWDRY opened at $34.11 on Wednesday. VESTAS WIND SYS/ADR has a twelve month low of $22.50 and a twelve month high of $36.66. The stock has a market cap of $20.65 billion, a PE ratio of 31.53 and a beta of 0.79. The business’s 50 day moving average is $32.87 and its 200-day moving average is $31.52. The company has a current ratio of 1.13, a quick ratio of 0.62 and a debt-to-equity ratio of 0.20.

VESTAS WIND SYS/ADR (OTCMKTS:VWDRY) last announced its earnings results on Tuesday, May 5th. The energy company reported ($0.14) EPS for the quarter. VESTAS WIND SYS/ADR had a return on equity of 17.03% and a net margin of 4.17%. The firm had revenue of $2.47 billion for the quarter. As a group, analysts forecast that VESTAS WIND SYS/ADR will post 1.08 EPS for the current year.

About VESTAS WIND SYS/ADR

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, 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 SYS/ADR (OTCMKTS:VWDRY)

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