Wärtsilä Oyj Abp (OTCMKTS:WRTBY – Get Free Report) has been assigned an average rating of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company.
Several research firms have recently weighed in on WRTBY. Citigroup boosted their target price on Wärtsilä Oyj Abp to €13.00 ($14.29) in a report on Monday, July 24th. Barclays started coverage on Wärtsilä Oyj Abp in a report on Friday, September 8th. They issued an “underweight” rating for the company.
Wärtsilä Oyj Abp Price Performance
Wärtsilä Oyj Abp (OTCMKTS:WRTBY – Get Free Report) last posted its earnings results on Tuesday, October 31st. The company reported $0.03 earnings per share for the quarter. Wärtsilä Oyj Abp had a return on equity of 9.28% and a net margin of 3.14%. The business had revenue of $1.58 billion during the quarter.
About Wärtsilä Oyj Abp
Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers marine power products, such as 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, including bridge infrastructure solutions, cloud data services, decision support systems, and smart port solutions to enable shore-to-shore visibility, as well as builds end-to-end digital ecosystem for shipping; and decarbonization energy services, future-fuel enabled balancing power plants, hybrid solutions, energy storage solutions, and optimization technology solutions.
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