Norma Group SE (ETR:NOEJ) Given a €55.00 Price Target at Deutsche Bank AG
A number of other research firms have also recently commented on NOEJ. Commerzbank Ag set a €51.00 ($58.62) target price on Norma Group SE and gave the stock a neutral rating in a research note on Monday, May 29th. DZ Bank AG reissued a buy rating on shares of Norma Group SE in a research note on Monday, May 29th. Hauck & Aufhaeuser set a €52.00 ($59.77) target price on Norma Group SE and gave the stock a neutral rating in a research note on Saturday, May 20th. Nord/LB set a €45.00 ($51.72) target price on Norma Group SE and gave the stock a neutral rating in a research note on Wednesday, May 24th. Finally, Macquarie set a €52.00 ($59.77) price objective on Norma Group SE and gave the company a neutral rating in a research report on Saturday, May 20th. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of Buy and an average price target of €55.30 ($63.56).
Norma Group SE (ETR:NOEJ) traded down 1.90% during mid-day trading on Friday, reaching €53.63. 324 shares of the company traded hands. The stock has a market capitalization of €1.71 billion and a price-to-earnings ratio of 21.73. Norma Group SE has a 12-month low of €35.31 and a 12-month high of €54.63. The company’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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