Vestas Wind Systems A/S (OTCMKTS:VWDRY) Cut to Hold at Berenberg Bank

Berenberg Bank downgraded shares of Vestas Wind Systems A/S (OTCMKTS:VWDRY) from a strong-buy rating to a hold rating in a report issued on Thursday,Zacks.com reports.

Other equities research analysts have also issued research reports about the stock. Citigroup upgraded shares of Vestas Wind Systems A/S to a “strong-buy” rating in a report on Wednesday, October 2nd. Fearnley Fonds upgraded Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 7th.

Vestas Wind Systems A/S Price Performance

Shares of Vestas Wind Systems A/S stock opened at $4.86 on Thursday. The stock has a market cap of $14.72 billion, a price-to-earnings ratio of 486.00 and a beta of 1.28. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.53 and a current ratio of 1.02. The stock has a 50 day moving average price of $6.58 and a 200-day moving average price of $7.69. Vestas Wind Systems A/S has a one year low of $4.61 and a one year high of $10.62.

Vestas Wind Systems A/S Company Profile

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.