Nordex (NDX1) Given a €9.00 Price Target by Commerzbank Analysts

Commerzbank set a €9.00 ($10.71) target price on Nordex (ETR:NDX1) in a research note published on Tuesday morning. The firm currently has a neutral rating on the stock.

Several other brokerages have also commented on NDX1. Goldman Sachs Group set a €8.00 ($9.52) price target on shares of Nordex and gave the stock a sell rating in a research note on Monday, November 6th. Deutsche Bank set a €8.50 ($10.12) price target on shares of Nordex and gave the stock a neutral rating in a research note on Monday, November 13th. Warburg Research set a €10.00 ($11.90) price target on shares of Nordex and gave the stock a neutral rating in a research note on Tuesday, November 14th. Kepler Capital Markets set a €6.70 ($7.98) price target on shares of Nordex and gave the stock a sell rating in a research note on Tuesday, November 14th. Finally, HSBC set a €6.40 ($7.62) price target on shares of Nordex and gave the stock a sell rating in a research note on Thursday, November 23rd. Eight research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of Hold and an average target price of €8.31 ($9.89).

Nordex (ETR NDX1) traded down €0.15 ($0.18) during trading on Tuesday, reaching €10.92 ($13.00). 552,119 shares of the company’s stock traded hands, compared to its average volume of 857,279. The firm has a market cap of $1,060.00 and a price-to-earnings ratio of 17.90. Nordex has a 1 year low of €7.09 ($8.44) and a 1 year high of €20.41 ($24.30).

TRADEMARK VIOLATION NOTICE: “Nordex (NDX1) Given a €9.00 Price Target by Commerzbank Analysts” was first posted by Stock Observer and is owned by of Stock Observer. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright law. The original version of this story can be viewed at https://www.thestockobserver.com/2018/01/19/nordex-ndx1-given-a-9-00-price-target-by-commerzbank-analysts.html.

Nordex Company Profile

Nordex SE, together with its subsidiaries, develops, manufactures, and distributes wind power systems worldwide. It offers various wind turbines comprising N131 with 3 megawatt (MW) capacity for average wind speeds; N117 with 3 MW capacity for medium wind speeds; N100 with 3.3 MW capacity for strong-wind locations; N117 with 2.4 MW capacity for low-wind sites; N100 with 2.5 MW capacity for use in medium and low wind conditions; and N90 with 2.5 MW capacity used at strong-wind sites.

Analyst Recommendations for Nordex (ETR:NDX1)

Receive News & Ratings for Nordex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordex and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply