Nordex (NRDXF) Receives a Buy from Jefferies
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 07 2024
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Source: Business Insider
Analyst Ratings: Jefferies analyst Constantin Hesse has maintained a Buy rating on Nordex with a price target of €19.00, while the overall analyst consensus suggests a Strong Buy with an average price target of $19.88, indicating potential upside from current levels.
Company Performance: Nordex reported quarterly revenue of $1.82 billion and a GAAP net loss of $126.2 million for the quarter ending December 31, showing slight improvement in revenue compared to the previous year but consistent losses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
