Norma Group SE (ETR:NOEJ) Receives €42.86 Consensus Price Target from Analysts

Norma Group SE (ETR:NOEJ) has been given an average rating of “Hold” by the sixteen brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is €42.13 ($48.99).

Several analysts recently commented on the company. DZ Bank reiterated a “buy” rating on shares of Norma Group in a research report on Friday. Oddo Bhf set a €28.00 ($32.56) price target on Norma Group and gave the stock a “neutral” rating in a research report on Tuesday, July 23rd. Warburg Research set a €40.00 ($46.51) price target on Norma Group and gave the stock a “buy” rating in a research report on Friday. HSBC set a €41.00 ($47.67) price target on Norma Group and gave the stock a “buy” rating in a research report on Friday, September 27th. Finally, Pareto Securities set a €36.00 ($41.86) price target on Norma Group and gave the stock a “buy” rating in a research report on Friday.

Shares of NOEJ stock traded up €2.08 ($2.42) during trading hours on Monday, hitting €32.64 ($37.95). 224,949 shares of the company’s stock were exchanged, compared to its average volume of 99,678. The company has a quick ratio of 1.07, a current ratio of 1.69 and a debt-to-equity ratio of 107.34. Norma Group has a fifty-two week low of €26.36 ($30.65) and a fifty-two week high of €56.05 ($65.17). The firm has a market cap of $1.04 billion and a P/E ratio of 13.18. The firm has a 50 day moving average of €30.82 and a two-hundred day moving average of €35.09.

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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