Vestas Shares Poised For Inflection After Recent Disappointments -- Market Talk

Dow Jones

Nov 28, 2024

1100 GMT - Vestas shares have faced pressure from the U.S. election result and after recent margin disappointments, but they now look poised for a rebound in the fourth quarter and into 2025, UBS analyst Supriya Subramanian writes. Concerns over the company's ability to turn around its margins and the outlook for the U.S. wind market are valid, but UBS believes the share price correction has been overly negative. Consensus implies only a 7% margin in 2025 before only hitting its 10% margin target in 2030, "which we believe is too conservative." UBS sees the company reaching close to a 10% margin by 2027. It lowers its price target to 175 Danish kroner from 245 kroner and retains a buy rating. Shares rise 3.4% to 107.30 kroner. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

November 28, 2024 06:00 ET (11:00 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2486500394"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2486500394\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2486500394?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-28 19:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2486500394","market":"other","top_or_hot":-1,"title":"Vestas Shares Poised For Inflection After Recent Disappointments -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1100 GMT - Vestas shares have faced pressure from the U.S. election result and after recent margin disappointments, but they now look poised for a rebound in the fourth quarter and into 2025, UBS analyst Supriya Subramanian writes. Concerns over the company's ability to turn around its margins and the outlook for the U.S. wind market are valid, but UBS believes the share price correction has been overly negative. Consensus implies only a 7% margin in 2025 before only hitting its 10% margin target in 2030, \"which we believe is too conservative.\" UBS sees the company reaching close to a 10% margin by 2027. It lowers its price target to 175 Danish kroner from 245 kroner and retains a buy rating. Shares rise 3.4% to 107.30 kroner. (dominic.chopping@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 28, 2024 06:00 ET (11:00 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vestas Shares Poised For Inflection After Recent Disappointments -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVestas Shares Poised For Inflection After Recent Disappointments -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-28 19:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1100 GMT - Vestas shares have faced pressure from the U.S. election result and after recent margin disappointments, but they now look poised for a rebound in the fourth quarter and into 2025, UBS analyst Supriya Subramanian writes. Concerns over the company's ability to turn around its margins and the outlook for the U.S. wind market are valid, but UBS believes the share price correction has been overly negative. Consensus implies only a 7% margin in 2025 before only hitting its 10% margin target in 2030, \"which we believe is too conservative.\" UBS sees the company reaching close to a 10% margin by 2027. It lowers its price target to 175 Danish kroner from 245 kroner and retains a buy rating. Shares rise 3.4% to 107.30 kroner. (dominic.chopping@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 28, 2024 06:00 ET (11:00 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VWDRY","symbol_name":"Vestas Wind Systems A/S","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2486500394","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486500394","pubTimestamp":1732791600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1100 GMT - Vestas shares have faced pressure from the U.S. election result and after recent margin disappointments, but they now look poised for a rebound in the fourth quarter and into 2025, UBS analyst Supriya Subramanian writes. Concerns over the company's ability to turn around its margins and the outlook for the U.S. wind market are valid, but UBS believes the share price correction has been overly negative. Consensus implies only a 7% margin in 2025 before only hitting its 10% margin target in 2030, \"which we believe is too conservative.\" UBS sees the company reaching close to a 10% margin by 2027. It lowers its price target to 175 Danish kroner from 245 kroner and retains a buy rating. Shares rise 3.4% to 107.30 kroner. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"VWDRY":"Vestas Wind Systems A/S","BK4182":"重型电气设备"},"translate_title":"维斯塔斯股价在近期令人失望之后有望出现拐点——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VWDRY":0.9},"content_text":"1100 GMT - Vestas shares have faced pressure from the U.S. election result and after recent margin disappointments, but they now look poised for a rebound in the fourth quarter and into 2025, UBS analyst Supriya Subramanian writes. Concerns over the company's ability to turn around its margins and the outlook for the U.S. wind market are valid, but UBS believes the share price correction has been overly negative. Consensus implies only a 7% margin in 2025 before only hitting its 10% margin target in 2030, \"which we believe is too conservative.\" UBS sees the company reaching close to a 10% margin by 2027. It lowers its price target to 175 Danish kroner from 245 kroner and retains a buy rating. Shares rise 3.4% to 107.30 kroner. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 28, 2024 06:00 ET (11:00 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}