Independent Research GmbH Analysts Give Nordex SE (NDX1) a €7.00 Price Target

Nordex SE (ETR:NDX1) has been given a €7.00 ($8.14) price objective by analysts at Independent Research GmbH in a report released on Wednesday. The firm currently has a “sell” rating on the stock. Independent Research GmbH’s price objective would suggest a potential downside of 3.49% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on NDX1. Goldman Sachs Group, Inc. (The) set a €12.00 ($13.95) price objective on shares of Nordex SE and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Warburg Research set a €18.00 ($20.93) price objective on shares of Nordex SE and gave the stock a “buy” rating in a research report on Friday, July 21st. set a €10.40 ($12.09) price objective on shares of Nordex SE and gave the stock a “sell” rating in a research report on Friday, July 28th. Deutsche Bank AG set a €14.00 ($16.28) price objective on shares of Nordex SE and gave the stock a “neutral” rating in a research report on Tuesday, August 1st. Finally, Barclays PLC set a €11.00 ($12.79) price objective on shares of Nordex SE and gave the stock a “sell” rating in a research report on Thursday, August 3rd. Six equities research 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’s stock. The company has a consensus rating of “Hold” and a consensus price target of €9.89 ($11.50).

Shares of Nordex SE (ETR NDX1) opened at €7.25 ($8.43) on Wednesday. Nordex SE has a 12-month low of €7.11 ($8.27) and a 12-month high of €21.66 ($25.19).

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About Nordex SE

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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