Nordex SE (ETR:NDX1) has been assigned a consensus recommendation of “Hold” from the twelve ratings firms that are currently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is €10.51 ($12.22).
NDX1 has been the subject of a number of research reports. Warburg Research set a €18.00 ($20.93) target price on shares of Nordex SE and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Nord/LB set a €15.00 ($17.44) target price on shares of Nordex SE and gave the stock a “buy” rating in a research report on Monday, August 7th. Goldman Sachs Group, Inc. (The) set a €12.00 ($13.95) target price on shares of Nordex SE and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Deutsche Bank AG set a €14.00 ($16.28) target price on shares of Nordex SE and gave the stock a “neutral” rating in a research report on Tuesday, August 1st. Finally, Commerzbank Ag set a €14.00 ($16.28) target price on shares of Nordex SE and gave the stock a “neutral” rating in a research report on Wednesday, September 6th.
Nordex SE (ETR:NDX1) opened at €7.39 ($8.59) on Monday. Nordex SE has a 1 year low of €7.23 ($8.41) and a 1 year high of €21.66 ($25.19).
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About Nordex SE
Nordex SE, together with its subsidiaries, develops, manufactures, and distributes wind power systems worldwide. It offers various wind turbines comprising N131 with 3 megawatt (MW) capacity for average wind speeds; N117 with 3 MW capacity for medium wind speeds; N100 with 3.3 MW capacity for strong-wind locations; N117 with 2.4 MW capacity for low-wind sites; N100 with 2.5 MW capacity for use in medium and low wind conditions; and N90 with 2.5 MW capacity used at strong-wind sites.
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