Norma Group (ETR:NOEJ) received a €62.00 ($72.09) target price from equities research analysts at Deutsche Bank in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price objective indicates a potential upside of 22.41% from the stock’s current price.
NOEJ has been the subject of a number of other reports. equinet set a €54.00 ($62.79) target price on shares of Norma Group and gave the company a “neutral” rating in a report on Friday, July 27th. Baader Bank set a €68.00 ($79.07) target price on shares of Norma Group and gave the company a “buy” rating in a report on Monday, October 29th. Warburg Research set a €61.00 ($70.93) price objective on shares of Norma Group and gave the stock a “buy” rating in a research note on Tuesday, October 30th. DZ Bank reissued a “buy” rating on shares of Norma Group in a research note on Thursday, July 26th. Finally, Commerzbank set a €54.00 ($62.79) price objective on shares of Norma Group and gave the stock a “neutral” rating in a research note on Wednesday. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company 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 Thursday. Norma Group has a 12 month low of €40.10 ($46.63) and a 12 month high of €65.95 ($76.69).
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, irrigation, marine, off-road, pharma and biotech, and road applications.
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