NORMA Group SE (NOEJ) Receives Average Rating of “Hold” from Brokerages
Shares of NORMA Group SE (ETR:NOEJ) have earned an average rating of “Hold” from the fifteen brokerages that are currently covering the firm, MarketBeat.com reports. Ten analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is €58.79 ($69.98).
Several brokerages have recently commented on NOEJ. Baader Bank set a €61.00 ($72.62) target price on NORMA Group and gave the stock a “buy” rating in a research report on Monday, October 30th. Jefferies Group set a €57.00 ($67.86) target price on NORMA Group and gave the stock a “buy” rating in a research report on Thursday, August 10th. Warburg Research set a €56.00 ($66.67) target price on NORMA Group and gave the stock a “neutral” rating in a research report on Friday, December 1st. Deutsche Bank set a €55.00 ($65.48) price objective on NORMA Group and gave the company a “buy” rating in a research report on Friday, August 11th. Finally, Berenberg Bank set a €56.00 ($66.67) price objective on NORMA Group and gave the company a “neutral” rating in a research report on Thursday.
Shares of NORMA Group (ETR:NOEJ) opened at €56.68 ($67.48) on Friday. NORMA Group has a 12 month low of €36.75 ($43.75) and a 12 month high of €63.79 ($75.94).
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NORMA Group 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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