Baader Bank set a €50.00 ($58.82) target price on NORMA Group (ETR:NOEJ) in a research note released on Tuesday morning, Borsen Zeitung reports.
Several other equities research analysts have also recently commented on NOEJ. Hauck and Aufhaeuser set a €51.00 ($60.00) target price on shares of NORMA Group in a research report on Wednesday, July 7th. Kepler Capital Markets set a €44.00 ($51.76) price objective on shares of NORMA Group in a research report on Wednesday, August 4th. Berenberg Bank set a €59.00 ($69.41) price objective on shares of NORMA Group in a research note on Tuesday, August 17th. Finally, Nord/LB set a €45.00 ($52.94) price target on shares of NORMA Group in a report on Tuesday, August 31st. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of Buy and an average price target of €47.00 ($55.29).
NOEJ stock opened at €36.20 ($42.59) on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.72 and a debt-to-equity ratio of 87.02. The company’s fifty day simple moving average is €43.80 and its 200 day simple moving average is €43.76. The firm has a market cap of $1.15 billion and a price-to-earnings ratio of 21.59. NORMA Group has a 12-month low of €24.52 ($28.85) and a 12-month high of €49.36 ($58.07).
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, air intake and induction, water management, aviation, marine, construction, off-road, pharma and biotech, and road applications.
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