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Nexans (FR:NEX)
PARIS:NEX

Nexans (NEX) Stock Forecast & Price Target

8 Followers
See the Price Targets and Ratings of:

NEX Analyst Ratings

Strong Buy
6Ratings
5 Buy
1 Hold
0 Sell
Based on 6 analysts giving stock ratings to
Nexans
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

NEX Stock 12 Month Forecast

Average Price Target

€107.17
▲(10.31% Upside)
Based on 6 Wall Street analysts offering 12 month price targets for Nexans in the last 3 months. The average price target is €107.17 with a high forecast of €120.00 and a low forecast of €96.00. The average price target represents a 10.31% change from the last price of €97.15.
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Highest Price Target€120.00Average Price Target€107.17Lowest Price Target€96.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Bank of America Securities
€100.00
Buy
2.93%
Upside
Upgraded
06/12/23
BofA Securities Upgrades Nexans SA (NEX:FP) (NXPRF) to BuyBofA Securities analyst George Featherstone upgraded Nexans SA (NEX:FP) (OTC: NXPRF) from Underperform to Buy with a price target of EUR100.00 (from EUR65.00).

Best Analysts Covering Nexans

Which Analyst Should I Follow If I Want to Buy FR:NEX and Sell After:
1 Month
Daniela CostaGoldman Sachs
Success Rate
4/7 ratings generated profit
57%
Average Return
+3.21%
reiterated a buy rating 18 days ago
Copying Daniela Costa's trades and holding each position for 1 Month would result in 57.14% of your transactions generating a profit, with an average return of +3.21% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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Find out which analyst has the highest Average Return & Success Rate
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3 Months
Matteo BonizzoniKepler Capital
Success Rate
10/18 ratings generated profit
56%
Average Return
+4.01%
reiterated a buy rating 16 days ago
Copying Matteo Bonizzoni's trades and holding each position for 3 Months would result in 55.56% of your transactions generating a profit, with an average return of +4.01% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
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1 Year
Daniela CostaGoldman Sachs
Success Rate
6/7 ratings generated profit
86%
Average Return
+13.89%
reiterated a buy rating 18 days ago
Copying Daniela Costa's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +13.89% per trade.
2 Years
Matteo BonizzoniKepler Capital
Success Rate
15/18 ratings generated profit
83%
Average Return
+14.64%
reiterated a buy rating 16 days ago
Copying Matteo Bonizzoni's trades and holding each position for 2 Years would result in 83.33% of your transactions generating a profit, with an average return of +14.64% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

NEX Analyst Recommendation Trends

Rating
Nov 23
Dec 23
Jan 24
Feb 24
Apr 24
Strong Buy
1
1
0
0
0
Buy
6
3
3
7
11
Hold
1
2
2
3
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
8
6
5
10
13
In the current month, NEX has received 11 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. NEX average Analyst price target in the past 3 months is €107.17.
Each month's total comprises the sum of three months' worth of ratings.
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NEX Financial Forecast

NEX Earnings Forecast

The previous quarter’s earnings for NEX were €2.83.
The previous quarter’s earnings for NEX were €2.83.

NEX Sales Forecast

Next quarter’s sales forecast for NEX is €1.81B with a range of €1.64B to €1.97B. The previous quarter’s sales results were €3.78B. NEX beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 100.00% of the time in the same period. In the last calendar year NEX has Preformed in-line its overall industry.
Next quarter’s sales forecast for NEX is €1.81B with a range of €1.64B to €1.97B. The previous quarter’s sales results were €3.78B. NEX beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 100.00% of the time in the same period. In the last calendar year NEX has Preformed in-line its overall industry.

NEX Stock Forecast FAQ

What is FR:NEX’s average 12-month price target, according to analysts?
Based on analyst ratings, Nexans’s 12-month average price target is €107.17.
    What is FR:NEX’s upside potential, based on the analysts’ average price target?
    Nexans has 10.31% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is Nexans a Buy, Sell or Hold?
          Nexans has a conensus rating of Strong Buy, which is based on 5 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Nexans’s share price target?
            The average share price target for Nexans is €107.17. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is €120.00 ,and the lowest forecast is €96.00. The average share price target represents 10.31% Increase from the current price of €97.15.
              What do analysts say about Nexans?
              Nexans’s analyst rating consensus is a Strong Buy. This is based on the ratings of 6 Wall Streets Analysts.
                How can I buy shares of Nexans?
                To buy shares of FR:NEX, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.
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