Norma Group SE (ETR:NOEJ) has received an average rating of “Hold” from the sixteen research firms that are presently covering the company, Marketbeat reports. Ten investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is €62.21 ($76.81).
Several equities research analysts recently commented on the stock. Bank of America set a €65.00 ($80.25) target price on shares of Norma Group and gave the stock a “neutral” rating in a research report on Friday, January 26th. Deutsche Bank reiterated a “neutral” rating on shares of Norma Group in a research report on Tuesday, January 23rd. Hauck & Aufhaeuser set a €74.00 ($91.36) target price on shares of Norma Group and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. Kepler Capital Markets set a €59.00 ($72.84) target price on shares of Norma Group and gave the stock a “neutral” rating in a research report on Tuesday, January 23rd. Finally, Commerzbank set a €56.00 ($69.14) target price on shares of Norma Group and gave the stock a “neutral” rating in a research report on Tuesday, January 23rd.
Shares of NOEJ traded up €1.65 ($2.04) during mid-day trading on Thursday, reaching €62.85 ($77.59). The company had a trading volume of 77,231 shares, compared to its average volume of 99,678. Norma Group has a 1-year low of €40.10 ($49.51) and a 1-year high of €65.95 ($81.42).
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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, marine, off-road, pharma and biotech, and road applications.
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