Brokerages Set Norma Group SE (NOEJ) PT at $55.36
Norma Group SE (ETR:NOEJ) has received an average recommendation of “Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is €55.36 ($65.13).
NOEJ has been the topic of several research analyst reports. Deutsche Bank AG set a €48.00 ($56.47) price target on shares of Norma Group SE and gave the company a “buy” rating in a report on Saturday, May 20th. Commerzbank Ag set a €51.00 ($60.00) 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 reissued a “buy” rating on shares of Norma Group SE in a report on Monday, May 29th. Hauck & Aufhaeuser set a €52.00 ($61.18) price target on shares of Norma Group SE and gave the company a “neutral” rating in a report on Saturday, May 20th. Finally, Nord/LB set a €45.00 ($52.94) price target on shares of Norma Group SE and gave the company a “neutral” rating in a report on Wednesday, May 24th.
Norma Group SE (ETR:NOEJ) traded up 0.169% during midday trading on Friday, reaching €52.161. The company had a trading volume of 20 shares. The stock’s 50 day moving average price is €49.71 and its 200-day moving average price is €46.02. Norma Group SE has a one year low of €35.31 and a one year high of €54.90. The firm has a market capitalization of €1.66 billion and a P/E ratio of 21.135.
Norma Group SE Company Profile
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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