GS lifts Wartsila to 'neutral' on strong power demand

Wartsila Oyj Abp

04/06/2026 10:35

** Goldman Sachs upgrades Wartsila WRT1V.HE to "neutral" from "sell" citing the Finnish engineering group's recent capacity hikes
** The broker expects the firm's planned manufacturing capacity increases to be fully utilised driven by strong demand for power generation equipment
** Its previous "sell" rating relied on falling marine capital expenditures, but a strong energy sector order backlog now limits downside risks
** The brokerage notes that this risk is further offset by "the prospect of Marine capex growth from a potential O&G recovery", referring to the oil and gas sector
** Out of 18 analysts that cover the stock, four rate it "strong buy" or "buy", five rate "hold", and nine rate "sell" or "strong sell", according to LSEG data 

 (Reporting by Marta Frackowiak)
 ((marta.frackowiak@thomsonreuters.com))