Nordex SE (ETR:NDX1) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Nordex SE (ETR:NDX1) have earned an average recommendation of “Hold” from the eleven brokerages that are covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is €11.59 ($13.48).

Several brokerages recently commented on NDX1. Oddo Bhf set a €16.00 ($18.60) price target on Nordex and gave the company a “buy” rating in a research note on Wednesday, March 27th. Independent Research set a €11.70 ($13.60) price target on Nordex and gave the company a “sell” rating in a research note on Wednesday, May 22nd. Goldman Sachs Group set a €45.00 ($52.33) price target on Deutsche Post and gave the company a “buy” rating in a research note on Thursday, April 18th. Kepler Capital Markets set a €49.00 ($56.98) price target on Scout24 and gave the company a “neutral” rating in a research note on Tuesday, May 14th. Finally, HSBC set a €10.00 ($11.63) price target on Nordex and gave the company a “sell” rating in a research note on Monday, April 8th.

NDX1 stock traded down €0.02 ($0.02) during trading on Friday, hitting €14.26 ($16.58). The company had a trading volume of 263,709 shares, compared to its average volume of 484,965. The firm’s fifty day moving average is €12.98. The company has a current ratio of 1.11, a quick ratio of 0.51 and a debt-to-equity ratio of 64.43. The stock has a market capitalization of $1.38 billion and a P/E ratio of -13.90. Nordex has a fifty-two week low of €7.11 ($8.27) and a fifty-two week high of €15.75 ($18.31).

About Nordex

Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt 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. In addition, the company offers planning, delivery, installation, and commissioning of various electrical and technical automation systems, as well as the infrastructural measures required for wind turbines.

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Analyst Recommendations for Nordex (ETR:NDX1)

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