Baader Bank Reiterates “€61.00” Price Target for Norma Group SE (NOEJ)
Norma Group SE (ETR:NOEJ) has been assigned a €61.00 ($71.76) target price by research analysts at Baader Bank in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the stock.
Several other research analysts also recently weighed in on NOEJ. Kepler Capital Markets set a €56.00 ($65.88) price objective on shares of Norma Group SE and gave the stock a “buy” rating in a report on Thursday, June 8th. Hauck & Aufhaeuser set a €52.00 ($61.18) price objective on shares of Norma Group SE and gave the stock a “neutral” rating in a report on Tuesday, June 13th. HSBC Holdings plc set a €54.00 ($63.53) price objective on shares of Norma Group SE and gave the stock a “buy” rating in a report on Friday, June 30th. DZ Bank AG restated a “buy” rating on shares of Norma Group SE in a report on Thursday, July 13th. Finally, Deutsche Bank AG set a €55.00 ($64.71) price objective on shares of Norma Group SE and gave the stock a “buy” rating in a report on Friday, July 14th. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of €56.25 ($66.18).
Shares of Norma Group SE (ETR NOEJ) opened at 57.592 on Friday. Norma Group SE has a 52 week low of €35.31 and a 52 week high of €57.59. The firm has a 50-day moving average of €53.66 and a 200 day moving average of €49.51. The firm has a market capitalization of €1.83 billion and a price-to-earnings ratio of 22.453.
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About Norma Group SE
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, emission control, air intake and induction, ancillary system, aviation, infrastructure, marine, off-road, pharma and biotech, and road applications.
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