VESTAS WIND SYS/ADR (OTCMKTS:VWDRY) Lowered to “Sell” at Societe Generale

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Societe Generale cut shares of VESTAS WIND SYS/ADR (OTCMKTS:VWDRY) from a hold rating to a sell rating in a research note released on Monday, The Fly reports.

Other equities analysts have also recently issued research reports about the company. ValuEngine upgraded VESTAS WIND SYS/ADR from a sell rating to a hold rating in a report on Tuesday, December 24th. Zacks Investment Research upgraded VESTAS WIND SYS/ADR from a sell rating to a hold rating in a report on Thursday, November 21st. Finally, Deutsche Bank upgraded VESTAS WIND SYS/ADR from a hold rating to a buy rating in a report on Friday, November 8th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of $33.00.

VESTAS WIND SYS/ADR stock opened at $34.04 on Monday. The business’s 50-day simple moving average is $33.10 and its 200 day simple moving average is $29.48. The stock has a market cap of $21.04 billion, a price-to-earnings ratio of 27.23 and a beta of 0.73. VESTAS WIND SYS/ADR has a 12-month low of $23.99 and a 12-month high of $35.57. The company has a quick ratio of 0.60, a current ratio of 1.11 and a debt-to-equity ratio of 0.20.

VESTAS WIND SYS/ADR 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, etc. The Service segment engages in the sale of service contracts, spare parts, and related activities.

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