Norma Group SE (NOEJ) PT Set at €49.00 by Nord/LB
Norma Group SE (ETR:NOEJ) has been assigned a €49.00 ($57.65) price objective by equities research analysts at Nord/LB in a research report issued on Thursday. The firm presently has a “neutral” rating on the stock.
A number of other research analysts also recently weighed in on the stock. HSBC Holdings plc set a €54.00 ($63.53) target price on shares of Norma Group SE and gave the company a “buy” rating in a research report on Friday, June 30th. Kepler Capital Markets set a €59.00 ($69.41) target price on shares of Norma Group SE and gave the company a “buy” rating in a research report on Friday, July 14th. equinet AG set a €61.00 ($71.76) target price on shares of Norma Group SE and gave the company a “buy” rating in a research report on Friday, July 14th. Deutsche Bank AG set a €53.00 ($62.35) target price on shares of Norma Group SE and gave the company a “buy” rating in a research report on Tuesday, June 6th. Finally, DZ Bank AG reaffirmed a “buy” rating on shares of Norma Group SE in a research report on Monday, May 29th. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Norma Group SE currently has an average rating of “Buy” and an average price target of €55.83 ($65.69).
Norma Group SE (ETR NOEJ) opened at 53.70 on Thursday. The stock’s 50 day moving average is €50.22 and its 200 day moving average is €46.44. Norma Group SE has a 12-month low of €35.31 and a 12-month high of €54.90. The stock has a market capitalization of €1.71 billion and a PE ratio of 21.76.
Norma Group SE Company Profile
Norma Group SE is a Germany-based manufacturer of engineered joining technology solutions. The Company focuses on three product categories: Clamp, Connect and Fluid. The Clamp product portfolio comprises clamp products manufactured from unalloyed steels or stainless steel for joining or sealing elastomer hoses.
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