Brokerages Set Norma Group SE (NOEJ) Target Price at $60.92

Shares of Norma Group SE (ETR:NOEJ) have been assigned a consensus recommendation of “Buy” from the fourteen ratings firms that are presently covering the firm, Marketbeat reports. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is €60.62 ($70.48).

A number of research analysts have recently commented on the stock. Baader Bank set a €68.00 ($79.07) target price on shares of Norma Group and gave the stock a “buy” rating in a research report on Monday. Warburg Research set a €61.00 ($70.93) target price on shares of Norma Group and gave the stock a “buy” rating in a research report on Tuesday. Deutsche Bank set a €60.00 ($69.77) target price on shares of Norma Group and gave the stock a “neutral” rating in a research report on Wednesday, July 11th. equinet set a €54.00 ($62.79) target price on shares of Norma Group and gave the stock a “neutral” rating in a research report on Friday, July 27th. Finally, Kepler Capital Markets set a €46.00 ($53.49) target price on shares of Norma Group and gave the stock a “neutral” rating in a research report on Friday, October 19th.

Shares of ETR NOEJ traded up €0.90 ($1.05) during trading on Monday, reaching €48.62 ($56.53). 59,451 shares of the stock were exchanged, compared to its average volume of 99,678. Norma Group has a twelve month low of €40.10 ($46.63) and a twelve month high of €65.95 ($76.69).

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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