Norma Group (NOEJ) PT Set at €61.00 by Warburg Research

Warburg Research set a €61.00 ($70.93) price objective on Norma Group (ETR:NOEJ) in a research note published on Wednesday. The firm currently has a buy rating on the stock.

A number of other research firms have also weighed in on NOEJ. Baader Bank set a €68.00 ($79.07) price objective on shares of Norma Group and gave the company a buy rating in a research note on Wednesday, July 25th. Deutsche Bank set a €60.00 ($69.77) price objective on shares of Norma Group and gave the company a neutral rating in a research note on Wednesday, July 11th. Nord/LB set a €55.00 ($63.95) price objective on shares of Norma Group and gave the company a neutral rating in a research note on Friday, August 24th. Jefferies Financial Group set a €69.00 ($80.23) price objective on shares of Norma Group and gave the company a buy rating in a research note on Thursday, August 2nd. Finally, HSBC set a €63.00 ($73.26) price objective on shares of Norma Group and gave the company a buy rating in a research note on Thursday, August 2nd. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Norma Group presently has a consensus rating of Buy and a consensus price target of €60.54 ($70.39).

Norma Group stock opened at €50.65 ($58.90) on Wednesday. Norma Group has a 1-year low of €40.10 ($46.63) and a 1-year 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.

Further Reading: Growth Stocks

Analyst Recommendations for Norma Group (ETR:NOEJ)

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