Nordex SE (NDX1) PT Set at €10.40 by Independent Research GmbH
Nordex SE (ETR:NDX1) has been given a €10.40 ($12.38) price objective by analysts at Independent Research GmbH in a research report issued to clients and investors on Wednesday. The firm presently has a “sell” rating on the stock.
NDX1 has been the topic of a number of other reports. Macquarie set a €9.00 ($10.71) target price on shares of Nordex SE and gave the stock a “sell” rating in a report on Wednesday, June 21st. Goldman Sachs Group, Inc. (The) set a €14.00 ($16.67) target price on shares of Nordex SE and gave the stock a “neutral” rating in a report on Tuesday, June 6th. Deutsche Bank AG set a €14.00 ($16.67) target price on shares of Nordex SE and gave the stock a “neutral” rating in a report on Tuesday, August 1st. Nord/LB set a €15.00 ($17.86) target price on shares of Nordex SE and gave the stock a “buy” rating in a report on Monday, August 7th. Finally, Commerzbank Ag set a €14.00 ($16.67) target price on shares of Nordex SE and gave the stock a “neutral” rating in a report on Wednesday. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €11.98 ($14.26).
Shares of Nordex SE (NDX1) traded down 4.483% during trading on Wednesday, reaching €9.631. 45,817 shares of the company traded hands. The firm has a market capitalization of €934.03 million and a price-to-earnings ratio of 14.101. Nordex SE has a 12-month low of €9.60 and a 12-month high of €27.56. The company has a 50 day moving average price of €11.70 and a 200 day moving average price of €12.70.
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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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