Vestas Wind System (VWDRY) Rating Increased to Hold at HSBC

HSBC upgraded shares of Vestas Wind System (OTCMKTS:VWDRY) from a reduce rating to a hold rating in a research note published on Wednesday, reports.

Other research analysts have also recently issued research reports about the stock. ValuEngine cut shares of Vestas Wind System from a strong-buy rating to a buy rating in a report on Friday, February 2nd. JPMorgan Chase & Co. reaffirmed a buy rating on shares of Vestas Wind System in a report on Wednesday, January 10th. Finally, Citigroup reaffirmed a buy rating on shares of Vestas Wind System in a report on Thursday, December 7th.

Vestas Wind System (OTCMKTS:VWDRY) opened at $24.60 on Wednesday. Vestas Wind System has a fifty-two week low of $19.12 and a fifty-two week high of $32.94. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.24 and a quick ratio of 0.75. The firm has a market cap of $15,759.08, a price-to-earnings ratio of 15.28 and a beta of 1.16.

Vestas Wind System (OTCMKTS:VWDRY) last released its quarterly earnings data on Wednesday, February 7th. The energy company reported $0.55 earnings per share for the quarter. Vestas Wind System had a net margin of 9.00% and a return on equity of 28.59%. The company had revenue of $3.67 billion during the quarter.

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Vestas Wind System Company Profile

Vestas Wind Systems A/S develops, manufactures, sells, and services wind turbines worldwide. The company operates in two segments, Project and Service. The Project 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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