Nordex SE (ETR:NDX1) has been given a €7.00 ($8.14) price target by Independent Research GmbH in a research report issued on Wednesday. The firm currently has a “sell” rating on the stock. Independent Research GmbH’s target price indicates a potential downside of 2.23% from the company’s current price.

A number of other equities research analysts also recently commented on NDX1. Commerzbank Ag set a €9.00 ($10.47) price objective on Nordex SE and gave the company a “neutral” rating in a report on Tuesday. Warburg Research set a €10.00 ($11.63) price objective on Nordex SE and gave the company a “neutral” rating in a report on Tuesday. Kepler Capital Markets set a €6.70 ($7.79) price objective on Nordex SE and gave the company a “sell” rating in a report on Tuesday. Oddo Bhf set a €14.00 ($16.28) price objective on Nordex SE and gave the company a “neutral” rating in a report on Monday, August 21st. Finally, Goldman Sachs Group, Inc. (The) set a €12.00 ($13.95) price objective on Nordex SE and gave the company a “neutral” rating in a report on Thursday, July 20th. Six analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of €9.89 ($11.50).

Shares of Nordex SE (ETR:NDX1) opened at €7.16 ($8.33) on Wednesday. Nordex SE has a 52-week low of €7.11 ($8.27) and a 52-week high of €21.66 ($25.19).

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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)

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