Baader Bank Analysts Give Norma Group SE (NOEJ) a €61.00 Price Target
Norma Group SE (ETR:NOEJ) has been given a €61.00 ($71.76) price objective by equities researchers at Baader Bank in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock.
Several other equities analysts also recently weighed in on the company. Kepler Capital Markets set a €59.00 ($69.41) price target on Norma Group SE and gave the company a “buy” rating in a report on Friday, July 14th. HSBC Holdings plc set a €54.00 ($63.53) price target on Norma Group SE and gave the company a “buy” rating in a report on Friday, June 30th. Commerzbank Ag set a €56.00 ($65.88) price target on Norma Group SE and gave the company a “neutral” rating in a report on Wednesday, August 9th. Berenberg Bank set a €56.00 ($65.88) price target on Norma Group SE and gave the company a “neutral” rating in a report on Tuesday, July 18th. Finally, equinet AG set a €61.00 ($71.76) price target on Norma Group SE and gave the company a “buy” rating in a report on Friday, July 14th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of €56.25 ($66.18).
Shares of Norma Group SE (NOEJ) opened at 57.592 on Friday. Norma Group SE has a 52 week low of €35.31 and a 52 week high of €57.59. The company has a market cap of €1.83 billion and a price-to-earnings ratio of 22.453. The firm’s 50-day moving average is €53.66 and its 200-day moving average is €49.51.
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Norma Group SE Company Profile
NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides quick connectors, hose clamps, retaining clamps, and pipe couplings. Its products are used in cooling system, emission control, air intake and induction, ancillary system, aviation, infrastructure, marine, off-road, pharma and biotech, and road applications.
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