Several other equities research analysts have also recently issued reports on the company. Hauck & Aufhaeuser set a €62.00 ($72.09) price target on Norma Group and gave the company a buy rating in a research note on Wednesday, October 24th. DZ Bank reiterated a buy rating on shares of Norma Group in a research note on Thursday, July 26th. Commerzbank set a €54.00 ($62.79) price target on Norma Group and gave the company a neutral rating in a research note on Friday, July 27th. Kepler Capital Markets set a €46.00 ($53.49) price target on Norma Group and gave the company a neutral rating in a research note on Friday, October 19th. Finally, HSBC set a €63.00 ($73.26) price target on Norma Group and gave the company a buy rating in a research note on Thursday, August 2nd. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of €60.54 ($70.39).
Shares of NOEJ stock opened at €50.65 ($58.90) on Wednesday. Norma Group has a 1 year low of €40.10 ($46.63) and a 1 year high of €65.95 ($76.69).
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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