HSBC Holdings plc set a €10.40 ($12.09) price target on Nordex SE (ETR:NDX1) in a report released on Friday. The brokerage currently has a sell rating on the stock.
A number of other brokerages have also weighed in on NDX1. Independent Research GmbH set a €11.60 ($13.49) target price on Nordex SE and gave the stock a sell rating in a research note on Saturday, May 20th. Warburg Research set a €18.00 ($20.93) target price on Nordex SE and gave the stock a buy rating in a research note on Saturday, May 20th. Barclays PLC set a €11.00 ($12.79) target price on Nordex SE and gave the stock a sell rating in a research note on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €14.00 ($16.28) target price on Nordex SE and gave the stock a neutral rating in a research note on Tuesday, June 6th. Finally, Societe Generale set a €12.50 ($14.53) target price on Nordex SE and gave the stock a neutral rating in a research note on Thursday, June 15th. Four analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €12.31 ($14.32).
Shares of Nordex SE (ETR NDX1) traded down 3.725% during mid-day trading on Friday, hitting €11.526. The stock had a trading volume of 17,550 shares. The stock has a market capitalization of €1.12 billion and a P/E ratio of 14.498. Nordex SE has a 52 week low of €10.22 and a 52 week high of €27.56. The stock has a 50 day moving average of €11.51 and a 200-day moving average of €14.36.
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Nordex SE Company Profile
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.
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