Other equities research analysts have also issued research reports about the company. HSBC set a €6.40 ($7.62) price target on Nordex and gave the stock a sell rating in a research note on Thursday, November 23rd. Commerzbank set a €9.00 ($10.71) price objective on shares of Nordex and gave the company a neutral rating in a report on Friday, November 3rd. Bank of America set a €5.50 ($6.55) price objective on shares of Nordex and gave the company a sell rating in a report on Tuesday, November 28th. Warburg Research set a €12.00 ($14.29) price objective on shares of Nordex and gave the company a buy rating in a report on Wednesday, January 10th. Finally, Kepler Capital Markets set a €6.70 ($7.98) price objective on shares of Nordex and gave the company a sell rating in a report on Tuesday, November 14th. 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. Nordex currently has a consensus rating of Hold and an average price target of €8.31 ($9.89).
Shares of Nordex (ETR NDX1) opened at €10.92 ($13.00) on Wednesday. Nordex has a 12 month low of €7.09 ($8.44) and a 12 month high of €20.41 ($24.30). The stock has a market capitalization of $1,060.00 and a price-to-earnings ratio of 17.90.
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.
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