Norma Group SE (ETR:NOEJ) Receives €48.21 Average Price Target from Analysts

Norma Group SE (ETR:NOEJ) has been given a consensus rating of “Hold” by the fifteen analysts that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is €48.21 ($56.06).

A number of research analysts have weighed in on NOEJ shares. Kepler Capital Markets reaffirmed a “hold” rating on shares of Continental in a report on Friday, June 28th. HSBC set a $122.00 price objective on shares of Tiffany & Co. and gave the company a “buy” rating in a report on Friday, June 14th. Bank of America set a €155.00 ($180.23) price objective on shares of Continental and gave the company a “buy” rating in a report on Tuesday, May 14th. Warburg Research set a €125.00 ($145.35) price objective on shares of Sixt and gave the company a “buy” rating in a report on Thursday, May 9th. Finally, Deutsche Bank set a $28.00 price objective on shares of Colfax and gave the company a “hold” rating in a report on Wednesday.

Shares of Norma Group stock traded up €0.54 ($0.63) during trading on Friday, hitting €34.32 ($39.91). 80,078 shares of the company’s stock were exchanged, compared to its average volume of 99,678. The company has a quick ratio of 1.12, a current ratio of 1.78 and a debt-to-equity ratio of 99.36. The firm’s 50-day simple moving average is €35.76. Norma Group has a 52-week low of €33.70 ($39.19) and a 52-week high of €59.60 ($69.30). The company has a market cap of $1.09 billion and a PE ratio of 12.70.

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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