Nordex (NDX1) PT Set at €10.00 by Commerzbank

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

NDX1 has been the subject of a number of other research reports. Kepler Capital Markets set a €7.10 ($8.26) price objective on Nordex and gave the company a sell rating in a research report on Tuesday, August 14th. Societe Generale set a €9.30 ($10.81) price objective on Nordex and gave the company a neutral rating in a research report on Wednesday, August 15th. Warburg Research set a €10.50 ($12.21) price objective on Nordex and gave the company a neutral rating in a research report on Wednesday, August 8th. Main First Bank set a €10.50 ($12.21) price objective on Nordex and gave the company a buy rating in a research report on Wednesday, July 4th. Finally, Goldman Sachs Group set a €7.30 ($8.49) price objective on Nordex and gave the company a sell rating in a research report on Tuesday, August 14th. Nine equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. The company has an average rating of Hold and an average target price of €8.49 ($9.88).

Shares of NDX1 stock opened at €9.09 ($10.57) on Wednesday. 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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