Nordex (OTCMKTS:NRDXF – Get Free Report) is anticipated to announce its results before the market opens on Thursday, November 5th. Analysts expect Nordex to announce earnings of $0.6250 per share and revenue of $2.46 billion for the quarter.
Nordex Stock Performance
Shares of NRDXF opened at $42.00 on Wednesday. Nordex has a 12 month low of $28.79 and a 12 month high of $56.80. The firm has a fifty day simple moving average of $43.75 and a 200 day simple moving average of $47.24.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the company. Jefferies Financial Group restated a “buy” rating on shares of Nordex in a report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Nordex in a report on Friday, October 2nd. Finally, Citigroup reissued a “buy” rating on shares of Nordex in a research report on Monday, October 19th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
View Our Latest Stock Report on NRDXF
Nordex Company Profile
Nordex SE is a Germany-based manufacturer of wind turbines for onshore wind farms. The company develops, produces and sells turbine systems designed for a range of wind conditions and project requirements, with product offerings including its Delta and N149, N163 and N175 turbine platforms. Nordex also provides installation support, technical services, maintenance and other lifecycle services for wind energy projects.
The company was founded in 1985 in Give, Denmark, and later established its headquarters in Hamburg, Germany.
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