Citi analyst Vivek Midha maintained a Sell rating on Wartsila Oyj Abp today and set a price target of €20.50. The company’s shares closed last Friday at €25.04.
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According to TipRanks, Midha is a 5-star analyst with an average return of 18.6% and a 75.49% success rate. Midha covers the Industrials sector, focusing on stocks such as Weir Group plc (The), Wartsila Oyj Abp, and Assa Abloy.
Wartsila Oyj Abp has an analyst consensus of Hold, with a price target consensus of €20.60.
Based on Wartsila Oyj Abp’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €1.72 billion and a net profit of €136 million. In comparison, last year the company earned a revenue of €1.56 billion and had a net profit of €116 million
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