Norma Group SE (ETR:NOEJ) Receives €44.79 Consensus Price Target from Analysts

Shares of Norma Group SE (ETR:NOEJ) have been assigned a consensus rating of “Hold” from the fifteen brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is €44.79 ($52.08).

NOEJ has been the subject of a number of research reports. Jefferies Financial Group set a €53.00 ($61.63) target price on shares of Norma Group and gave the stock a “buy” rating in a research note on Friday, May 24th. Warburg Research set a €42.00 ($48.84) target price on shares of Norma Group and gave the stock a “buy” rating in a research note on Monday, July 22nd. Oddo Bhf set a €28.00 ($32.56) target price on shares of Norma Group and gave the stock a “neutral” rating in a research note on Tuesday, July 23rd. Nord/LB set a €40.00 ($46.51) target price on shares of Norma Group and gave the stock a “neutral” rating in a research note on Tuesday, May 14th. Finally, DZ Bank reissued a “buy” rating on shares of Norma Group in a research note on Monday, July 22nd.

Shares of NOEJ stock traded down €1.00 ($1.16) on Wednesday, reaching €28.98 ($33.70). 86,502 shares of the company were exchanged, compared to its average volume of 99,678. The company has a market cap of $926.56 million and a P/E ratio of 10.72. The firm has a 50-day moving average of €34.37. The company has a debt-to-equity ratio of 99.36, a quick ratio of 1.12 and a current ratio of 1.78. Norma Group has a 1 year low of €29.30 ($34.07) and a 1 year high of €59.50 ($69.19).

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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