Nordex SE (NDX1) PT Set at €14.00 by Commerzbank Ag
Nordex SE (ETR:NDX1) has been given a €14.00 ($16.67) price target by equities research analysts at Commerzbank Ag in a report issued on Wednesday. The brokerage currently has a “neutral” rating on the stock.
Other research analysts have also recently issued reports about the stock. Warburg Research set a €18.00 ($21.43) price objective on shares of Nordex SE and gave the company a “buy” rating in a report on Saturday, May 20th. Nord/LB set a €14.00 ($16.67) price target on shares of Nordex SE and gave the company a “buy” rating in a research report on Wednesday, June 21st. Societe Generale set a €12.50 ($14.88) price target on shares of Nordex SE and gave the company a “neutral” rating in a research report on Thursday, June 15th. Goldman Sachs Group, Inc. (The) set a €14.00 ($16.67) price target on shares of Nordex SE and gave the company a “neutral” rating in a research report on Tuesday, June 6th. Finally, Deutsche Bank AG set a €14.00 ($16.67) price target on shares of Nordex SE and gave the company a “neutral” rating in a research report on Tuesday, August 1st. 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 company. Nordex SE presently has an average rating of “Hold” and an average target price of €11.98 ($14.26).
Shares of Nordex SE (ETR:NDX1) traded down 4.483% during midday trading on Wednesday, reaching €9.631. 45,817 shares of the company’s stock traded hands. Nordex SE has a 12 month low of €9.60 and a 12 month high of €27.56. The stock has a 50 day moving average of €11.70 and a 200-day moving average of €12.70. The stock has a market cap of €934.03 million and a P/E ratio of 14.101.
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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