Norma Group SE (ETR:NOEJ) Receives €38.38 Consensus Target Price from Analysts

Shares of Norma Group SE (ETR:NOEJ) have earned a consensus recommendation of “Hold” from the fourteen research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is €38.38 ($44.63).

NOEJ has been the subject of a number of recent research reports. HSBC set a €41.00 ($47.67) price objective on Norma Group and gave the company a “neutral” rating in a research report on Friday, November 15th. Berenberg Bank set a €52.00 ($60.47) target price on Norma Group and gave the stock a “buy” rating in a report on Wednesday, November 13th. Baader Bank set a €42.00 ($48.84) target price on Norma Group and gave the stock a “buy” rating in a report on Tuesday, November 5th. Nord/LB set a €35.00 ($40.70) target price on Norma Group and gave the stock a “neutral” rating in a research report on Friday, November 29th. Finally, Hauck & Aufhaeuser set a €31.00 ($36.05) target price on Norma Group and gave the company a “neutral” rating in a report on Friday, October 18th.

ETR NOEJ traded up €0.72 ($0.84) on Tuesday, reaching €39.04 ($45.40). The company’s stock had a trading volume of 52,144 shares, compared to its average volume of 99,678. Norma Group has a twelve month low of €26.36 ($30.65) and a twelve month high of €55.15 ($64.13). The company has a debt-to-equity ratio of 99.54, a quick ratio of 1.03 and a current ratio of 1.60. The firm’s 50 day moving average is €36.00 and its two-hundred day moving average is €33.51. The stock has a market cap of $1.24 billion and a PE ratio of 16.74.

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, irrigation, marine, off-road, pharma and biotech, and road applications.

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Analyst Recommendations for Norma Group (ETR:NOEJ)

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