In a report issued on January 17, Oliver Reinberg from Kepler Capital maintained a Hold rating on Nordex (NRDXF), with a price target of EUR13.00. The company’s shares closed last Friday at $24.63, close to its 52-week high of $24.94.
According to TipRanks.com, Reinberg is ranked 0 out of 5 stars with an average return of -8.6% and a 40.6% success rate. Reinberg covers the Healthcare sector, focusing on stocks such as Koninklijke Philips, Tecan Group AG, and Qiagen.
Nordex has an analyst consensus of Moderate Buy, with a price target consensus of $24.64, a -4.9% downside from current levels. In a report issued on December 2, Commerzbank also downgraded the stock to Hold with a EUR20.00 price target.
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The company has a one-year high of $24.94 and a one-year low of $6.05. Currently, Nordex has an average volume of 360.
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Nordex SE is a strategic management holding company, which engages in the development, production, servicing, and marketing of wind power systems. It operates through the Projects and Service segments. The Projects segment comprises of the wind turbine and wind farm development business. The Service segment provides services and products for existing turbines after their handover to customers. It also offers inspection and maintenance, inspection of safety equipment, repair service, spare part deliveries, modernization, technical enhancements, condition monitoring system, customer training, and remote monitoring and management. Nordex was founded in 1985 and is headquartered in Hamburg, Germany.
