Nordex (NDX1) Given a €7.50 Price Target at Kepler Capital Markets
NDX1 has been the topic of a number of other reports. Goldman Sachs Group set a €10.00 ($11.63) price target on Nordex and gave the company a neutral rating in a research note on Wednesday, October 31st. HSBC set a €7.10 ($8.26) price target on Nordex and gave the company a sell rating in a research note on Wednesday, October 31st. Citigroup set a €7.60 ($8.84) price target on Nordex and gave the company a sell rating in a research note on Thursday, September 27th. Nord/LB set a €12.70 ($14.77) price target on Nordex and gave the company a buy rating in a research note on Wednesday, August 29th. Finally, Commerzbank set a €10.00 ($11.63) target price on Nordex and gave the stock a neutral rating in a research report on Monday, July 23rd. Seven investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of €9.11 ($10.60).
Nordex stock opened at €7.75 ($9.02) on Tuesday. Nordex has a 1-year low of €7.09 ($8.24) and a 1-year high of €14.35 ($16.69).
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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