Norma Group SE (ETR:NOEJ) Given a €54.00 Price Target by Warburg Research Analysts
Norma Group SE (ETR:NOEJ) received a €54.00 ($62.07) target price from equities research analysts at Warburg Research in a research report issued to clients and investors on Friday. The brokerage presently has a “neutral” rating on the stock.
NOEJ has been the subject of a number of other research reports. 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. Nord/LB set a €45.00 ($51.72) price target on shares of Norma Group SE and gave the company a “neutral” rating in a report on Wednesday, May 24th. 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 Monday, May 29th. DZ Bank AG reiterated a “buy” rating on shares of Norma Group SE in a report on Monday, May 29th. Finally, Hauck & Aufhaeuser 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 Tuesday, June 13th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of €55.30 ($63.56).
Shares of Norma Group SE (NOEJ) opened at 53.63 on Friday. The stock has a market cap of €1.71 billion and a PE ratio of 21.73. Norma Group SE has a 1-year low of €35.31 and a 1-year high of €54.63. The stock’s 50 day moving average is €48.05 and its 200-day moving average is €43.99.
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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.
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