Vestas traded at 172.00 this Wednesday August 5th, decreasing 3.20 or 1.83 percent since the previous trading session. Looking back, over the last four weeks, Vestas lost 6.52 percent. Over the last 12 months, its price rose by 48.47 percent. Looking ahead, we forecast Vestas to be priced at 166.54 by the end of this quarter and at 144.64 in one year, according to Trading Economics global macro models projections and analysts expectations.
Vestas Wind Systems A/S is a Denmark-based company active within the wind power industry. The Company operates through two segments, Project and Service. The Project segment is responsible for sale of wind power plants and wind turbines, among others. The Service segment contains provision of services related to the Company's offer, as well as sale of spare parts and other activities. Vestas Wind System's product line comprises 2 Megawatt (MW) and 3MW energy capture platforms equipped with ice, smoke and shadow detection systems. Its services range consists of data-driven consultancy services, fleet optimization, blade maintenance and inspection, power generator repairs and gearbox exchange, among others.