Shares of Wärtsilä Oyj Abp (OTCMKTS:WRTBY – Get Rating) have been given a consensus recommendation of “Hold” by the eight research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $10.20.
Several brokerages have recently issued reports on WRTBY. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Wärtsilä Oyj Abp in a research note on Thursday, December 8th. They issued a “buy” rating on the stock. JPMorgan Chase & Co. cut their price objective on Wärtsilä Oyj Abp from €9.20 ($10.00) to €8.70 ($9.46) in a report on Wednesday, October 5th. Finally, Royal Bank of Canada cut Wärtsilä Oyj Abp from an “outperform” rating to a “sector perform” rating in a report on Thursday, December 1st.
Wärtsilä Oyj Abp Trading Down 1.1 %
Shares of WRTBY stock opened at $1.85 on Friday. Wärtsilä Oyj Abp has a 12 month low of $1.30 and a 12 month high of $2.69. The company has a quick ratio of 0.78, a current ratio of 1.16 and a debt-to-equity ratio of 0.25. The business’s 50 day moving average is $1.64 and its two-hundred day moving average is $1.59. The company has a market cap of $5.47 billion, a PE ratio of -185,000.00 and a beta of 1.00.
About Wärtsilä Oyj Abp
Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company's marine power portfolio includes engines, propulsion systems, hybrid technology, and integrated powertrain systems; marine systems comprising products and lifecycle services related to the gas value chain, exhaust treatment, shaft line, underwater repair, and electrical integrations; voyage solutions consists of bridge infrastructure, cloud data services, decision support systems, and smart port solutions to enable shore-to-shore visibility, as well as builds end-to-end connected digital ecosystem for shipping; and decarbonization energy services include future-fuel enabled balancing power plants, hybrid solutions, energy storage, and optimization technology, such as the GEMS energy management platform.
- Get a free copy of the StockNews.com research report on Wärtsilä Oyj Abp (WRTBY)
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