Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Receives Consensus Rating of “Hold” from Analysts

Shares of Wärtsilä Oyj Abp (OTCMKTS:WRTBYGet 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

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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.

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