Nordex SE (NDX1) Given Average Rating of “Hold” by Analysts

Shares of Nordex SE (ETR:NDX1) have been given a consensus recommendation of “Hold” by the thirteen analysts that are presently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is €9.18 ($10.68).

Several brokerages have weighed in on NDX1. Goldman Sachs Group set a €10.00 ($11.63) target price on Nordex and gave the stock a “neutral” rating in a research report on Wednesday, October 31st. Commerzbank set a €10.00 ($11.63) target price on Nordex and gave the stock a “neutral” rating in a research report on Friday, October 26th. Nord/LB set a €10.50 ($12.21) target price on Nordex and gave the stock a “buy” rating in a research report on Thursday. HSBC set a €7.10 ($8.26) target price on Nordex and gave the stock a “sell” rating in a research report on Tuesday, October 2nd. Finally, Kepler Capital Markets set a €7.50 ($8.72) price target on Nordex and gave the company a “sell” rating in a report on Tuesday, November 13th.

Shares of ETR NDX1 opened at €8.27 ($9.61) on Friday. Nordex has a 1-year low of €7.09 ($8.24) and a 1-year high of €14.35 ($16.69).



About Nordex

Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt wind turbines worldwide. The company also provides project development services, as well as acquires rights and creates the infrastructure required to construct wind power systems at suitable locations. In addition, the company offers planning, delivery, installation, and commissioning of various electrical and technical automation systems, as well as the infrastructural measures required for wind turbines.

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Analyst Recommendations for Nordex (ETR:NDX1)

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