Analyst Price Target is $19.50
▲ +18.40% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Nordex in the last 3 months. The average price target is $19.50, with a high forecast of $19.50 and a low forecast of $19.50. The average price target represents a 18.40% upside from the last price of $16.47.
Current Consensus is
The current consensus among 6 contributing investment analysts is to buy stock in Nordex. This rating changed within the last month from a Hold consensus rating.
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.