Norma Group (ETR:NOEJ) PT Set at €56.00 by Commerzbank

Norma Group (ETR:NOEJ) received a €56.00 ($69.14) price target from investment analysts at Commerzbank in a note issued to investors on Wednesday, February 14th. The brokerage presently has a “neutral” rating on the stock. Commerzbank’s price target would suggest a potential downside of 8.20% from the company’s previous close.

Several other brokerages also recently issued reports on NOEJ. Baader Bank set a €61.00 ($75.31) price objective on shares of Norma Group and gave the stock a “buy” rating in a research report on Monday, October 30th. Hauck & Aufhaeuser set a €61.00 ($75.31) price objective on shares of Norma Group and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Kepler Capital Markets set a €59.00 ($72.84) price objective on shares of Norma Group and gave the stock a “neutral” rating in a research report on Thursday, November 2nd. equinet set a €61.00 ($75.31) price objective on shares of Norma Group and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Finally, Warburg Research set a €54.00 ($66.67) price objective on shares of Norma Group and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of €61.07 ($75.39).

Norma Group (NOEJ) opened at €61.00 ($75.31) on Wednesday. Norma Group has a 1-year low of €40.10 ($49.51) and a 1-year high of €65.95 ($81.42). The firm has a market capitalization of $1,930.00 and a PE ratio of 23.83.

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About Norma Group

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

Analyst Recommendations for Norma Group (ETR:NOEJ)

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