Vestas Wind Systems A/S (OTCMKTS:VWDRY) Rating Reiterated by Morgan Stanley

Vestas Wind Systems A/S (OTCMKTS:VWDRY)‘s stock had its “underweight” rating reaffirmed by investment analysts at Morgan Stanley in a research report issued on Tuesday, The Fly reports.

VWDRY has been the topic of a number of other reports. HSBC raised shares of Vestas Wind Systems A/S from a “reduce” rating to a “hold” rating in a research note on Monday, March 8th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Vestas Wind Systems A/S in a research note on Thursday, May 6th. Sanford C. Bernstein initiated coverage on shares of Vestas Wind Systems A/S in a research note on Wednesday, March 31st. They issued an “outperform” rating on the stock. SEB Equities cut shares of Vestas Wind Systems A/S from a “buy” rating to a “hold” rating in a research note on Monday, February 8th. Finally, Societe Generale reaffirmed a “buy” rating on shares of Vestas Wind Systems A/S in a research note on Thursday, April 22nd. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $67.00.

Shares of VWDRY traded down $0.13 during mid-day trading on Tuesday, hitting $12.47. 1,390,844 shares of the company traded hands, compared to its average volume of 615,554. Vestas Wind Systems A/S has a one year low of $6.05 and a one year high of $17.47. The company has a current ratio of 1.10, a quick ratio of 0.59 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average of $56.66 and a 200 day moving average of $65.69. The stock has a market capitalization of $37.78 billion, a price-to-earnings ratio of 14.17 and a beta of 0.89.

Vestas Wind Systems A/S Company Profile

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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