Nordex SE (NDX1) PT Set at €9.00 by Nord/LB

Nordex SE (ETR:NDX1) has been given a €9.00 ($10.47) target price by stock analysts at Nord/LB in a research note issued on Friday. The brokerage currently has a “buy” rating on the stock. Nord/LB’s price objective would indicate a potential upside of 18.41% from the stock’s current price.

Several other analysts have also recently commented on the company. Barclays PLC set a €6.50 ($7.56) target price on Nordex SE and gave the stock a “sell” rating in a research report on Thursday. Independent Research GmbH set a €7.00 ($8.14) target price on Nordex SE and gave the stock a “sell” rating in a research report on Wednesday. Kepler Capital Markets set a €6.70 ($7.79) target price on Nordex SE and gave the stock a “sell” rating in a research report on Tuesday, November 14th. Warburg Research set a €10.00 ($11.63) target price on Nordex SE and gave the stock a “neutral” rating in a research report on Tuesday, November 14th. Finally, Commerzbank Ag set a €9.00 ($10.47) target price on Nordex SE and gave the stock a “neutral” rating in a research report on Tuesday, November 14th. Six investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. Nordex SE presently has a consensus rating of “Hold” and a consensus price target of €9.02 ($10.48).

Shares of Nordex SE (ETR:NDX1) opened at €7.60 ($8.84) on Friday. Nordex SE has a 12-month low of €7.09 ($8.24) and a 12-month 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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