Nordex SE (NDX1) Receives Consensus Rating of “Hold” from Analysts

Shares of Nordex SE (ETR:NDX1) have been assigned a consensus recommendation of “Hold” from the fifteen research firms that are presently covering the stock, Marketbeat.com reports. Nine equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is €8.26 ($9.72).

A number of research firms recently weighed in on NDX1. Commerzbank set a €10.00 ($11.76) price target on Nordex and gave the company a “neutral” rating in a research note on Tuesday, July 10th. Independent Research set a €8.10 ($9.53) price target on Nordex and gave the company a “sell” rating in a research note on Tuesday. Main First Bank set a €10.50 ($12.35) price target on Nordex and gave the company a “buy” rating in a research note on Wednesday, July 4th. Goldman Sachs Group set a €5.00 ($5.88) price target on Nordex and gave the company a “sell” rating in a research note on Friday, April 6th. Finally, Nord/LB set a €11.50 ($13.53) price target on Nordex and gave the company a “buy” rating in a research note on Monday, April 9th.

NDX1 opened at €9.67 ($11.38) on Friday. Nordex has a 1-year low of €7.09 ($8.34) and a 1-year high of €14.35 ($16.88).

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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