Nordex SE (ETR:NDX1) Given a €12.00 Price Target at Goldman Sachs Group, Inc. (The)
A number of other analysts also recently weighed in on NDX1. Barclays PLC set a €11.00 ($12.94) price target on shares of Nordex SE and gave the company a sell rating in a research report on Saturday, May 20th. Independent Research GmbH set a €11.60 ($13.65) target price on Nordex SE and gave the stock a sell rating in a research note on Monday, May 29th. Warburg Research set a €18.00 ($21.18) target price on Nordex SE and gave the stock a buy rating in a research note on Saturday, May 20th. HSBC Holdings plc set a €11.80 ($13.88) target price on Nordex SE and gave the stock a sell rating in a research note on Tuesday, May 30th. Finally, Nord/LB set a €14.00 ($16.47) target price on Nordex SE and gave the stock a buy rating in a research note on Wednesday, June 21st. Four analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €13.07 ($15.38).
Shares of Nordex SE (ETR NDX1) traded down 3.49% during midday trading on Friday, reaching €12.15. 8,471 shares of the company were exchanged. The company has a market capitalization of €1.18 billion and a PE ratio of 15.28. The stock’s 50-day moving average price is €11.50 and its 200-day moving average price is €14.19. Nordex SE has a 52-week low of €10.22 and a 52-week high of €27.56.
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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.
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