Other analysts also recently issued research reports about the stock. Nord/LB set a €15.00 ($17.65) price target on shares of Nordex and gave the company a buy rating in a research note on Monday, August 7th. Warburg Research set a €18.00 ($21.18) price objective on shares of Nordex and gave the stock a buy rating in a research note on Thursday, August 3rd. Deutsche Bank AG set a €14.00 ($16.47) price objective on shares of Nordex and gave the stock a neutral rating in a research note on Tuesday, August 1st. Commerzbank Ag set a €14.00 ($16.47) price objective on shares of Nordex and gave the stock a neutral rating in a research note on Wednesday, September 6th. Finally, Independent Research GmbH set a €10.40 ($12.24) price objective on shares of Nordex and gave the stock a neutral rating in a research note on Tuesday, September 19th. Seven investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of €8.12 ($9.56).
Shares of Nordex (ETR:NDX1) opened at €7.85 ($9.24) on Thursday. Nordex has a twelve month low of €7.10 ($8.35) and a twelve month high of €21.66 ($25.48).
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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.
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