Nordex SE (NDX1) Receives Average Recommendation of “Hold” from Brokerages

Nordex SE (ETR:NDX1) has earned a consensus rating of “Hold” from the fourteen ratings firms that are covering the stock, Marketbeat.com reports. Eight research 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 average 1-year price target among brokerages that have updated their coverage on the stock in the last year is €8.31 ($9.89).

NDX1 has been the topic of several recent analyst reports. Goldman Sachs Group set a €8.00 ($9.52) price target on shares of Nordex and gave the company a “sell” rating in a report on Monday, November 6th. Deutsche Bank set a €8.50 ($10.12) price target on shares of Nordex and gave the company a “neutral” rating in a report on Monday, November 13th. Commerzbank set a €9.00 ($10.71) price target on shares of Nordex and gave the company a “neutral” rating in a report on Friday, November 3rd. Independent Research set a €7.70 ($9.17) price target on shares of Nordex and gave the company a “sell” rating in a report on Wednesday, January 17th. Finally, Warburg Research set a €10.00 ($11.90) price target on shares of Nordex and gave the company a “neutral” rating in a report on Tuesday, November 14th.

Shares of Nordex (ETR NDX1) opened at €10.91 ($12.99) on Friday. The stock has a market cap of $1,060.00 and a price-to-earnings ratio of 17.89. Nordex has a twelve month low of €7.09 ($8.44) and a twelve month high of €20.41 ($24.30).

TRADEMARK VIOLATION NOTICE: “Nordex SE (NDX1) Receives Average Recommendation of “Hold” from Brokerages” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another publication, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The legal version of this piece can be read at https://www.americanbankingnews.com/2018/01/27/nordex-se-ndx1-receives-average-recommendation-of-hold-from-brokerages.html.

Nordex 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 (ETR:NDX1)

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

Leave a Reply