Nordex (NDX1) Given a €14.00 Price Target by Deutsche Bank Analysts

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Nordex (ETR:NDX1) has been given a €14.00 ($16.28) price target by Deutsche Bank in a report released on Wednesday, October 3rd. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 76.46% from the stock’s previous close.

NDX1 has been the subject of a number of other research reports. Main First Bank set a €10.50 ($12.21) target price on shares of Nordex and gave the stock a “buy” rating in a research report on Wednesday, July 4th. Citigroup set a €7.60 ($8.84) target price on shares of Nordex and gave the stock a “sell” rating in a research report on Tuesday, June 26th. Commerzbank set a €10.00 ($11.63) target price on shares of Nordex and gave the stock a “neutral” rating in a research report on Wednesday, September 12th. Warburg Research set a €10.50 ($12.21) target price on shares of Nordex and gave the stock a “neutral” rating in a research report on Wednesday, August 8th. Finally, Goldman Sachs Group set a €7.00 ($8.14) target price on shares of Nordex and gave the stock a “sell” rating in a research report on Monday, July 2nd. Nine analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of €8.85 ($10.29).

Shares of NDX1 stock opened at €7.93 ($9.23) on Wednesday. Nordex has a 1-year low of €7.09 ($8.24) and a 1-year high of €14.35 ($16.69).

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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