Nordex (NDX1) PT Set at €12.00 by Warburg Research
Other equities analysts have also issued research reports about the company. Nord/LB set a €9.00 ($10.71) target price on Nordex and gave the stock a buy rating in a research note on Friday, November 17th. Commerzbank set a €9.00 ($10.71) target price on Nordex and gave the stock a neutral rating in a research note on Friday, November 3rd. Deutsche Bank set a €8.50 ($10.12) target price on Nordex and gave the stock a neutral rating in a research note on Monday, November 13th. Independent Research set a €10.40 ($12.38) target price on Nordex and gave the stock a neutral rating in a research note on Tuesday, September 19th. Finally, Oddo Bhf set a €8.00 ($9.52) target price on Nordex and gave the stock a neutral rating in a research note on Thursday, November 23rd. Eight analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of €8.11 ($9.66).
Shares of Nordex (NDX1) traded up €0.32 ($0.38) during midday trading on Wednesday, hitting €11.19 ($13.32). The stock had a trading volume of 2,278,340 shares, compared to its average volume of 653,634. The company has a market capitalization of $1,090.00 and a price-to-earnings ratio of 18.34. Nordex has a one year low of €7.09 ($8.44) and a one year high of €21.33 ($25.39).
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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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