Nordex SE (NDX1) Given a €15.00 Price Target by Nord/LB Analysts

Nordex SE (ETR:NDX1) has been given a €15.00 ($17.65) target price by Nord/LB in a research note issued on Monday. The firm currently has a “buy” rating on the stock.

NDX1 has been the subject of several other reports. Macquarie set a €9.00 ($10.59) target price on shares of Nordex SE and gave the company a “sell” rating in a research note on Wednesday, June 21st. Goldman Sachs Group, Inc. (The) set a €14.00 ($16.47) target price on shares of Nordex SE and gave the company a “neutral” rating in a research note on Tuesday, June 6th. Deutsche Bank AG set a €14.00 ($16.47) target price on shares of Nordex SE and gave the company a “neutral” rating in a research note on Tuesday, August 1st. Warburg Research set a €18.00 ($21.18) target price on shares of Nordex SE and gave the company a “buy” rating in a research note on Friday, July 21st. Finally, Societe Generale set a €12.50 ($14.71) target price on shares of Nordex SE and gave the company a “neutral” rating in a research note on Thursday, June 15th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of €13.07 ($15.38).

Nordex SE (NDX1) opened at 12.337 on Monday. The stock has a market capitalization of €1.20 billion and a PE ratio of 15.518. Nordex SE has a 52 week low of €10.22 and a 52 week high of €27.56. The stock’s 50 day moving average is €11.58 and its 200-day moving average is €13.92.

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Nordex SE Company Profile

Nordex SE is a Germany-based holding company that, along with its subsidiaries, develops, manufactures and distributes wind power systems, specializing in wind turbines, in Germany and other countries. Under the Nordex brand, the Company offers wind turbines Nordex N90/2500, N100/2500 and N117/2400. In addition to the development and production of wind power systems, the Company also provides preliminary project development services to support marketing, as well as acquires rights and creates the infrastructure required to construct wind power systems at suitable locations.

Analyst Recommendations for Nordex SE (ETR:NDX1)

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