Nordex SE (ETR:NDX1) has been assigned a €8.50 ($9.88) price target by investment analysts at Deutsche Bank AG in a report released on Monday. The brokerage currently has a “neutral” rating on the stock. Deutsche Bank AG’s target price would indicate a potential upside of 14.40% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. Independent Research GmbH set a €10.40 ($12.09) price target on shares of Nordex SE and gave the stock a “sell” rating in a research report on Wednesday, September 6th. Oddo Bhf set a €14.00 ($16.28) price target on shares of Nordex SE and gave the stock a “neutral” rating in a research report on Monday, August 21st. Goldman Sachs Group, Inc. (The) set a €12.00 ($13.95) price target on shares of Nordex SE and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Warburg Research set a €11.00 ($12.79) price target on shares of Nordex SE and gave the stock a “neutral” rating in a research report on Thursday, September 7th. Finally, Commerzbank Ag set a €17.00 ($19.77) price target on shares of Nordex SE and gave the stock a “neutral” rating in a research report on Thursday, August 3rd. Five analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. Nordex SE presently has a consensus rating of “Hold” and a consensus price target of €10.18 ($11.83).

Shares of Nordex SE (NDX1) opened at €7.18 ($8.35) on Monday. Nordex SE has a twelve month low of €7.11 ($8.27) and a twelve month high of €21.66 ($25.19).

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Nordex SE 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 SE (ETR:NDX1)

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