HSBC Holdings plc set a €10.40 ($12.24) price objective on Nordex SE (ETR:NDX1) in a research report sent to investors on Friday. The brokerage currently has a sell rating on the stock.

A number of other research firms also recently commented on NDX1. Goldman Sachs Group, Inc. (The) set a €12.00 ($14.12) price target on Nordex SE and gave the company a neutral rating in a research note on Friday, July 7th. Warburg Research set a €18.00 ($21.18) price target on Nordex SE and gave the company a buy rating in a research note on Wednesday, June 28th. Nord/LB set a €14.00 ($16.47) target price on Nordex SE and gave the company a buy rating in a research report on Wednesday, June 21st. Macquarie set a €9.00 ($10.59) target price on Nordex SE and gave the company a sell rating in a research report on Wednesday, June 21st. Finally, Societe Generale set a €12.50 ($14.71) target price on Nordex SE and gave the company a neutral rating in a research report on Thursday, June 15th. Four equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of €12.31 ($14.49).

Shares of Nordex SE (NDX1) opened at 11.545 on Friday. The stock has a 50 day moving average of €11.50 and a 200 day moving average of €14.21. The company has a market cap of €1.12 billion and a price-to-earnings ratio of 14.522. Nordex SE has a 12-month low of €10.22 and a 12-month high of €27.56.

COPYRIGHT VIOLATION WARNING: This news story was reported by Watch List News and is the property of of Watch List News. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://www.watchlistnews.com/hsbc-holdings-plc-analysts-give-nordex-se-etrndx1-a-10-40-price-target/1464712.html.

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.

Analyst Recommendations for Nordex SE (ETR:NDX1)

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