Nordex SE (ETR:NDX1) has been given a €10.00 ($11.63) price target by investment analysts at Warburg Research in a research note issued to investors on Tuesday. The brokerage currently has a “neutral” rating on the stock. Warburg Research’s price target suggests a potential upside of 38.27% from the company’s current price.
A number of other equities research analysts have also commented on the company. Goldman Sachs Group, Inc. (The) set a €8.00 ($9.30) price objective on Nordex SE and gave the stock a “sell” rating in a research report on Tuesday, October 10th. Commerzbank Ag set a €14.00 ($16.28) price objective on Nordex SE and gave the stock a “neutral” rating in a research report on Wednesday, September 6th. Kepler Capital Markets set a €6.70 ($7.79) price target on Nordex SE and gave the stock a “sell” rating in a research note on Friday, October 20th. Independent Research GmbH set a €10.40 ($12.09) price target on Nordex SE and gave the stock a “sell” rating in a research note on Wednesday, September 6th. Finally, set a €10.40 ($12.09) price target on Nordex SE and gave the stock a “sell” rating in a research note on Friday, July 28th. Six investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of €9.52 ($11.07).
Shares of Nordex SE (NDX1) opened at €7.23 ($8.41) on Tuesday. Nordex SE has a 1 year low of €7.11 ($8.27) and a 1 year high of €21.66 ($25.19).
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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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