In a report released today, Gael De-Bray from Deutsche Bank maintained a Buy rating on Nordex, with a price target of €26.00. The company’s shares closed last Monday at $23.50.
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De-Bray covers the Industrials sector, focusing on stocks such as Schneider Electric, LEGRAND, and Siemens. According to TipRanks, De-Bray has an average return of 17.9% and a 63.46% success rate on recommended stocks.
In addition to Deutsche Bank , Nordex also received a Buy from Jefferies’s Constantin Hesse in a report issued on October 1. However, yesterday, RBC Capital downgraded Nordex (Other OTC: NRDXF) to a Sell.
The company has a one-year high of $28.10 and a one-year low of $10.71. Currently, Nordex has an average volume of 327.
Read More on NRDXF:
Disclaimer & DisclosureReport an Issue
- Nordex initiated with an Underperform at RBC Capital
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