Nordex, the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Constantin Hesse from Jefferies maintained a Buy rating on the stock and has a €25.00 price target.
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Constantin Hesse’s rating is based on several considerations that highlight the potential for Nordex’s growth. Despite concerns regarding Germany’s energy transition and potential changes to the 2030 onshore wind targets, Hesse believes that the market’s current expectations are already more cautious than the existing targets. This conservative outlook suggests that any potential policy adjustments may not significantly impact Nordex’s stock adversely.
Furthermore, Hesse points out that Nordex’s valuation, with an EV/EBIT ratio of 11.6x for 2026, remains attractive. This valuation indicates that the stock is reasonably priced, reducing the risk of negative financial surprises. These factors combined lead to a positive outlook for Nordex, justifying the Buy rating.
In another report released on July 31, Berenberg Bank also maintained a Buy rating on the stock with a €25.00 price target.