Nordex SE (ETR:NDX1) PT Set at €18.00 by Warburg Research
Nordex SE (ETR:NDX1) received a €18.00 ($21.18) price target from investment analysts at Warburg Research in a research report issued on Thursday. The firm presently has a “buy” rating on the stock.
A number of other analysts have also issued reports on NDX1. Independent Research GmbH set a €11.60 ($13.65) price target on Nordex SE and gave the stock a “sell” rating in a research note on Saturday, May 20th. Barclays PLC set a €11.00 ($12.94) price objective on Nordex SE and gave the company a “sell” rating in a research note on Saturday, May 20th. HSBC Holdings plc set a €11.80 ($13.88) price objective on Nordex SE and gave the company a “sell” rating in a research note on Tuesday, May 30th. Goldman Sachs Group, Inc. (The) set a €14.00 ($16.47) price objective on Nordex SE and gave the company a “neutral” rating in a research note on Tuesday, June 6th. Finally, Societe Generale set a €12.50 ($14.71) price objective on Nordex SE and gave the company a “neutral” rating in a research note on Thursday, June 15th. Four analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of €12.95 ($15.24).
Nordex SE (NDX1) traded up 1.86% on Thursday, reaching €12.59. 26,353 shares of the company’s stock were exchanged. Nordex SE has a 1-year low of €10.22 and a 1-year high of €27.56. The company has a 50 day moving average price of €11.50 and a 200-day moving average price of €14.19. The company has a market capitalization of €1.22 billion and a PE ratio of 15.84.
About Nordex SE
Nordex SE is a Germany-based holding company that, along with its subsidiaries, develops, manufactures and distributes wind power systems, specializing in wind turbines, in Germany and other countries. Under the Nordex brand, the Company offers wind turbines Nordex N90/2500, N100/2500 and N117/2400. In addition to the development and production of wind power systems, the Company also provides preliminary project development services to support marketing, as well as acquires rights and creates the infrastructure required to construct wind power systems at suitable locations.
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