ValuEngine cut shares of WARTSILA OYJ/ADR (OTCMKTS:WRTBY) from a buy rating to a hold rating in a report published on Wednesday morning, ValuEngine reports.
Other equities research analysts have also issued reports about the stock. Morgan Stanley reiterated an equal weight rating on shares of WARTSILA OYJ/ADR in a research note on Wednesday, March 11th. Goldman Sachs Group upgraded shares of WARTSILA OYJ/ADR from a sell rating to a buy rating in a research note on Monday, January 13th. Finally, Zacks Investment Research upgraded WARTSILA OYJ/ADR from a hold rating to a buy rating and set a $2.50 price objective for the company in a report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of $2.50.
Shares of WRTBY opened at $0.97 on Wednesday. WARTSILA OYJ/ADR has a 12 month low of $0.97 and a 12 month high of $3.63. The firm has a fifty day simple moving average of $2.06 and a 200 day simple moving average of $2.18. The stock has a market capitalization of $2.87 billion, a price-to-earnings ratio of 6.93 and a beta of 0.57. The company has a current ratio of 1.43, a quick ratio of 0.89 and a debt-to-equity ratio of 0.45.
WARTSILA OYJ/ADR Company Profile
Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company offers gas, multi-fuel, and liquid fuel power plants; and seals, bearings, and related equipment for the hydropower and tidal, and a range of industrial sectors. It also provides ballast water management systems; high pressure air and gas compressors, and CNG refueling station solutions; communication, and safety and security systems; and automation, dredge control and monitoring, integrated bridge control, and measurement and control technologies.