VESTAS WIND SYS/ADR (OTCMKTS:VWDRY) Lowered to “Sell” at Societe Generale
Societe Generale downgraded shares of VESTAS WIND SYS/ADR (OTCMKTS:VWDRY) from a hold rating to a sell rating in a research note issued to investors on Monday morning, The Fly reports.
Several other research firms have also recently weighed in on VWDRY. ValuEngine raised VESTAS WIND SYS/ADR from a sell rating to a hold rating in a research report on Tuesday, December 24th. Deutsche Bank raised VESTAS WIND SYS/ADR from a hold rating to a buy rating in a research report on Friday, November 8th. Finally, Zacks Investment Research raised VESTAS WIND SYS/ADR from a sell rating to a hold rating in a research report on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of $33.00.
VWDRY opened at $34.04 on Monday. VESTAS WIND SYS/ADR has a 1-year low of $23.99 and a 1-year high of $35.57. The company has a current ratio of 1.11, a quick ratio of 0.60 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $21.04 billion, a price-to-earnings ratio of 27.23 and a beta of 0.73. The business has a 50 day moving average of $33.10 and a 200-day moving average of $29.48.
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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