More analysts are urging investors to buy shares in Vestas Wind Systems A/S (VWS) than at any time since October 2010 after the stock soared more than 400 percent over the past 12 months.
More than 45 percent of analysts covering Europe’s biggest wind turbine maker recommend purchasing Vestas stock, versus a September 2012 low of 9.4 percent, according to data compiled by Bloomberg. Ten analysts advise clients to buy, five have hold ratings and seven say sell, according to the data. In November, only eight analysts recommended buying Vestas. ...
“Fundamentally the share is undervalued,” said Pedersen. “They only need to grow with the market -- they don’t need to take meaningful market share. They’ve already got a decent share of the orders that have been handed out. The effect of the cost-cutting moving into the profit and loss account will be even greater in 2014.”
“With the many new orders announced in December, we see a good chance that analysts will need to return to their spread sheets and raise their estimates” for Vestas, Nordea Private Banking, a unit of Stockholm-based Nordea Bank AB, said in a Dec. 27 note. “Vestas has had a fantastic year, which also means the stock has advanced at an explosive pace, but we think there’s still room for more price gains after the many new orders.” Nordea has a buy recommendation and a share price estimate of 178 kroner, implying an 11 percent gain from Dec. 27’s close.
Still, Vestas has yet to become profitable after losing money for nine consecutive quarters, and a U.S. tax credit to the industry is set to expire by the end of tomorrow. The company’s “extremely strong” stock performance is not justified, according to a November note from analysts at Macquarie Group Ltd., including Shai Hill in London.
Some investors are cashing in now instead of waiting for further gains. Schouw & Co. said today it sold its entire holding of 4 million Vestas shares for proceeds of 612 million kroner. The divestment took place from Nov. 29 to Dec. 27 and represents 1.96 percent of Vestas’s share capital
http://www.bloomberg.com/news/2013-12-29/...tings-at-3-year-high.htmlVestas-Kaufempfehlungen auf Dreijahreshoch
http://www.ariva.de/news/...ufempfehlungen-auf-Dreijahreshoch-4887521Grossinvestor Schouw&Co hat im Laufe des letzten Monats Kasse gemacht und 4 Millionen Aktien verkauft
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