Norma Group SE (NOEJ) Receives Average Recommendation of “Buy” from Brokerages
Norma Group SE (ETR:NOEJ) has received an average recommendation of “Buy” from the fourteen ratings firms that are covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is €57.31 ($67.42).
Several analysts have recently weighed in on NOEJ shares. Deutsche Bank AG set a €55.00 ($64.71) price objective on shares of Norma Group SE and gave the stock a “buy” rating in a research report on Friday, July 14th. HSBC Holdings plc set a €59.00 ($69.41) price target on shares of Norma Group SE and gave the company a “buy” rating in a research report on Friday, July 14th. DZ Bank AG reiterated a “buy” rating on shares of Norma Group SE in a research report on Thursday, July 13th. Kepler Capital Markets set a €59.00 ($69.41) price target on shares of Norma Group SE and gave the company a “buy” rating in a research report on Friday, July 14th. Finally, equinet AG set a €61.00 ($71.76) price target on shares of Norma Group SE and gave the company a “buy” rating in a research report on Friday, July 14th.
Shares of Norma Group SE (NOEJ) opened at 58.233 on Thursday. The stock has a market cap of €1.86 billion and a PE ratio of 22.703. Norma Group SE has a 12 month low of €35.31 and a 12 month high of €58.50. The stock has a 50 day moving average of €54.88 and a 200 day moving average of €50.43.
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About Norma Group SE
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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