Norma Group (ETR:NOEJ) received a €59.00 ($72.84) price target from stock analysts at Kepler Capital Markets in a report issued on Wednesday. The firm presently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective points to a potential upside of 0.25% from the stock’s previous close.
Other equities research analysts have also issued reports about the company. Commerzbank set a €56.00 ($69.14) price target on Norma Group and gave the company a “neutral” rating in a research report on Wednesday. Jefferies Group set a €65.00 ($80.25) price objective on Norma Group and gave the stock a “buy” rating in a research note on Monday, November 13th. Bank of America set a €65.00 ($80.25) price objective on Norma Group and gave the stock a “neutral” rating in a research note on Friday, January 26th. Warburg Research set a €56.00 ($69.14) price objective on Norma Group and gave the stock a “neutral” rating in a research note on Friday, December 1st. Finally, Nord/LB set a €52.00 ($64.20) price objective on Norma Group and gave the stock a “neutral” rating in a research note on Monday, November 20th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Norma Group presently has an average rating of “Hold” and an average target price of €61.07 ($75.39).
Shares of Norma Group (ETR:NOEJ) opened at €58.85 ($72.65) on Wednesday. The stock has a market capitalization of $1,840.00 and a P/E ratio of 22.99. Norma Group has a 52-week low of €40.10 ($49.51) and a 52-week high of €65.95 ($81.42).
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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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