Nordex SE (ETR:NDX1) Given a €15.00 Price Target by Nord/LB Analysts
Nordex SE (ETR:NDX1) has been given a €15.00 ($17.65) price objective by research analysts at Nord/LB in a report issued on Monday. The firm presently has a “buy” rating on the stock.
Several other research firms also recently weighed in on NDX1. Macquarie set a €9.00 ($10.59) price target on Nordex SE and gave the stock a “sell” rating in a research report on Wednesday, June 21st. Warburg Research set a €18.00 ($21.18) price target on Nordex SE and gave the stock a “buy” rating in a research report on Monday, May 29th. Goldman Sachs Group, Inc. (The) set a €12.00 ($14.12) price target on Nordex SE and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Independent Research GmbH set a €11.60 ($13.65) price target on Nordex SE and gave the stock a “sell” rating in a research report on Saturday, May 20th. Finally, Deutsche Bank AG set a €14.00 ($16.47) price target on Nordex SE and gave the stock a “neutral” rating in a research report on Tuesday, August 1st. Four analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of €13.07 ($15.38).
Nordex SE (NDX1) traded down 3.49% during trading on Monday, reaching €12.15. The company’s stock had a trading volume of 8,471 shares. The company has a 50 day moving average price of €11.50 and a 200-day moving average price of €14.19. Nordex SE has a 52 week low of €10.22 and a 52 week high of €27.56. The company has a market capitalization of €1.18 billion and a PE ratio of 15.28.
About Nordex SE
Nordex SE is a Germany-based holding company that, along with its subsidiaries, develops, manufactures and distributes wind power systems, specializing in wind turbines, in Germany and other countries. Under the Nordex brand, the Company offers wind turbines Nordex N90/2500, N100/2500 and N117/2400. In addition to the development and production of wind power systems, the Company also provides preliminary project development services to support marketing, as well as acquires rights and creates the infrastructure required to construct wind power systems at suitable locations.
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