Goldman Sachs Group set a €5.00 ($5.95) price target on Nordex (ETR:NDX1) in a research note released on Friday, January 5th. The firm currently has a sell rating on the stock.
Other analysts have also issued reports about the stock. Commerzbank set a €9.00 ($10.71) price target on shares of Nordex and gave the stock a neutral rating in a research report on Thursday, November 30th. Warburg Research set a €8.50 ($10.12) price target on shares of Nordex and gave the company a neutral rating in a research note on Wednesday, November 29th. Bank of America set a €5.50 ($6.55) price target on shares of Nordex and gave the company a sell rating in a research note on Tuesday, November 28th. Oddo Bhf set a €8.00 ($9.52) price objective on shares of Nordex and gave the stock a neutral rating in a research note on Thursday, November 23rd. Finally, HSBC set a €6.40 ($7.62) target price on shares of Nordex and gave the stock a sell rating in a report on Thursday, November 23rd. Eight equities 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 company. Nordex currently has an average rating of Hold and a consensus target price of €8.11 ($9.66).
Nordex (NDX1) opened at €10.51 ($12.51) on Friday. The stock has a market cap of $1,020.00 and a P/E ratio of 17.23. Nordex has a 1-year low of €7.09 ($8.44) and a 1-year high of €21.33 ($25.39).
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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.
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