Commerzbank set a €10.00 ($11.63) target price on Nordex (ETR:NDX1) in a research report report published on Tuesday morning. The firm currently has a neutral rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Nord/LB set a €12.70 ($14.77) target price on Nordex and gave the company a buy rating in a research note on Wednesday, August 29th. Warburg Research set a €10.50 ($12.21) price target on Nordex and gave the stock a neutral rating in a research report on Wednesday, August 8th. Societe Generale set a €9.30 ($10.81) price target on Nordex and gave the stock a neutral rating in a research report on Wednesday, August 15th. Goldman Sachs Group set a €10.00 ($11.63) price target on Nordex and gave the stock a neutral rating in a research report on Wednesday, October 31st. Finally, Deutsche Bank set a €14.00 ($16.28) price target on Nordex and gave the stock a neutral rating in a research report on Wednesday, October 3rd. Eight equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of €8.91 ($10.36).

ETR NDX1 opened at €7.33 ($8.52) on Tuesday. Nordex has a 52 week low of €7.09 ($8.24) and a 52 week 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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