Independent Research set a €7.70 ($9.17) price target on Nordex (ETR:NDX1) in a report issued on Wednesday. The firm currently has a sell rating on the stock.

Several other equities research analysts have also commented on NDX1. set a €8.70 ($10.36) price target on Nordex and gave the stock a sell rating in a research note on Monday, September 25th. Goldman Sachs Group set a €8.00 ($9.52) target price on Nordex and gave the stock a sell rating in a research report on Tuesday, October 10th. Kepler Capital Markets set a €6.70 ($7.98) target price on Nordex and gave the stock a sell rating in a research report on Friday, October 20th. Warburg Research set a €10.00 ($11.90) target price on Nordex and gave the stock a neutral rating in a research report on Tuesday, October 24th. Finally, Commerzbank set a €9.00 ($10.71) target price on Nordex and gave the stock a neutral rating in a research report on Friday, November 3rd. Eight investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. Nordex currently has a consensus rating of Hold and an average target price of €8.31 ($9.89).

Shares of Nordex (ETR:NDX1) opened at €10.92 ($13.00) on Wednesday. The company has a market capitalization of $1,060.00 and a PE ratio of 17.90. Nordex has a 12 month low of €7.09 ($8.44) and a 12 month high of €20.41 ($24.30).

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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.

Analyst Recommendations for Nordex (ETR:NDX1)

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