NORMA Group (ETR:NOEJ) has been given a €56.00 ($66.67) price target by analysts at Berenberg Bank in a report released on Thursday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price target points to a potential downside of 0.78% from the company’s current price.

NOEJ has been the topic of a number of other reports. Deutsche Bank set a €55.00 ($65.48) target price on shares of NORMA Group and gave the company a “buy” rating in a research note on Friday, August 11th. Jefferies Group set a €57.00 ($67.86) target price on shares of NORMA Group and gave the company a “buy” rating in a research note on Thursday, August 10th. Baader Bank set a €56.00 ($66.67) target price on shares of NORMA Group and gave the company a “buy” rating in a research note on Wednesday, August 9th. equinet set a €61.00 ($72.62) target price on shares of NORMA Group and gave the company a “buy” rating in a research note on Wednesday, August 9th. Finally, Societe Generale set a €70.00 ($83.33) target price on shares of NORMA Group and gave the company a “buy” rating in a research note on Thursday, October 12th. Ten equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. NORMA Group has an average rating of “Hold” and an average target price of €58.79 ($69.98).

NORMA Group (ETR:NOEJ) traded up €1.33 ($1.58) during trading on Thursday, reaching €56.44 ($67.19). 171,344 shares of the company traded hands, compared to its average volume of 89,229. NORMA Group has a 1-year low of €36.35 ($43.27) and a 1-year high of €63.79 ($75.94).

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About NORMA Group

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.

Analyst Recommendations for NORMA Group (ETR:NOEJ)

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