Shares of Nordex SE (OTCMKTS:NRDXF) have earned an average recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.
NRDXF has been the topic of a number of recent analyst reports. Societe Generale reiterated a “buy” rating on shares of Nordex in a research note on Friday, December 4th. Jefferies Financial Group restated a “buy” rating on shares of Nordex in a research note on Wednesday, January 13th. Commerzbank lowered Nordex from a “buy” rating to a “hold” rating in a report on Wednesday, December 2nd. The Goldman Sachs Group reiterated a “neutral” rating on shares of Nordex in a research note on Friday, November 27th. Finally, Smith Barney Citigroup restated a “neutral” rating on shares of Nordex in a research note on Friday, January 8th.
Shares of OTCMKTS NRDXF remained flat at $$30.60 during mid-day trading on Tuesday. The stock had a trading volume of 81 shares, compared to its average volume of 2,455. Nordex has a twelve month low of $6.05 and a twelve month high of $31.79. The business’s 50-day moving average is $29.87 and its 200 day moving average is $20.39.
Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide. The company also provides project development services, as well as acquires rights and creates the infrastructure required to construct wind power systems at suitable locations.
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