Nordex SE (ETR:NDX1) received a €6.70 ($7.88) price objective from analysts at Kepler Capital Markets in a research note issued to investors on Friday. The brokerage presently has a “sell” rating on the stock.

NDX1 has been the topic of several other research reports. Warburg Research set a €18.00 ($21.18) target price on shares of Nordex SE and gave the company a “buy” rating in a research note on Wednesday, June 28th. Goldman Sachs Group Inc set a €12.00 ($14.12) target price on shares of Nordex SE and gave the company a “neutral” rating in a research note on Friday, July 7th. Independent Research GmbH set a €11.80 ($13.88) target price on shares of Nordex SE and gave the company a “sell” rating in a research note on Monday, August 7th. Nord/LB set a €15.00 ($17.65) target price on shares of Nordex SE and gave the company a “buy” rating in a research note on Monday, August 7th. Finally, HSBC Holdings plc set a €8.70 ($10.24) target price on shares of Nordex SE and gave the company a “sell” rating in a research note on Monday, September 25th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €11.07 ($13.02).

Nordex SE (ETR NDX1) traded down 4.914% during mid-day trading on Friday, reaching €8.881. 70,389 shares of the company traded hands. The stock’s 50-day moving average price is €9.99 and its 200-day moving average price is €11.79. The firm has a market cap of €861.30 million and a PE ratio of 13.003. Nordex SE has a one year low of €8.86 and a one year high of €24.90.

TRADEMARK VIOLATION NOTICE: “Kepler Capital Markets Reiterates “€6.70” Price Target for Nordex SE (NDX1)” was first posted by American Banking News and is owned by of American Banking News. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international copyright laws. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/10/21/kepler-capital-markets-reiterates-6-70-price-target-for-nordex-se-ndx1.html.

Nordex SE Company Profile

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.

Analyst Recommendations for Nordex SE (ETR:NDX1)

Receive News & Ratings for Nordex SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordex SE and related companies with MarketBeat.com's FREE daily email newsletter.