Norma Group SE (ETR:NOEJ) has been given a €56.00 ($64.37) price objective by equities researchers at Berenberg Bank in a research report issued to clients and investors on Tuesday. The firm presently has a “neutral” rating on the stock.

A number of other equities research analysts also recently weighed in on NOEJ. DZ Bank AG reissued a “buy” rating on shares of Norma Group SE in a report on Saturday, May 20th. Commerzbank Ag set a €51.00 ($58.62) price target on shares of Norma Group SE and gave the company a “neutral” rating in a report on Saturday, May 20th. Deutsche Bank AG set a €48.00 ($55.17) price target on shares of Norma Group SE and gave the company a “buy” rating in a report on Saturday, May 20th. Baader Bank set a €55.00 ($63.22) price target on shares of Norma Group SE and gave the company a “buy” rating in a report on Saturday, May 20th. Finally, Macquarie set a €52.00 ($59.77) price target on shares of Norma Group SE and gave the company a “neutral” rating in a report on Saturday, May 20th. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of €55.36 ($63.64).

Norma Group SE (ETR:NOEJ) opened at 54.242 on Tuesday. The firm’s 50-day moving average is €48.05 and its 200-day moving average is €43.99. The firm has a market cap of €1.73 billion and a PE ratio of 21.978. Norma Group SE has a 12 month low of €35.31 and a 12 month high of €54.24.

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About Norma Group SE

Norma Group SE is a Germany-based manufacturer of engineered joining technology solutions. The Company focuses on three product categories: Clamp, Connect and Fluid. The Clamp product portfolio comprises clamp products manufactured from unalloyed steels or stainless steel for joining or sealing elastomer hoses.

Analyst Recommendations for Norma Group SE (ETR:NOEJ)

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