Norma Group SE (ETR:NOEJ) has been given a €59.00 ($67.82) price objective by stock analysts at Kepler Capital Markets in a note issued to investors on Friday. The firm presently has a “buy” rating on the stock.
Several other brokerages have also issued reports on NOEJ. Deutsche Bank AG set a €53.00 ($60.92) price target on Norma Group SE and gave the stock a “buy” rating in a report on Tuesday, June 6th. DZ Bank AG reiterated a “buy” rating on shares of Norma Group SE in a report on Monday, May 29th. Commerzbank Ag set a €51.00 ($58.62) price target on Norma Group SE and gave the stock a “neutral” rating in a report on Monday, May 29th. Nord/LB set a €45.00 ($51.72) price target on Norma Group SE and gave the stock a “neutral” rating in a report on Wednesday, May 24th. Finally, equinet AG set a €56.00 ($64.37) price target on Norma Group SE and gave the stock a “buy” rating in a report on Saturday, May 20th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of €55.30 ($63.56).
Shares of Norma Group SE (NOEJ) opened at 53.63 on Friday. The firm has a market cap of €1.71 billion and a price-to-earnings ratio of 21.73. The company has a 50-day moving average price of €48.05 and a 200-day moving average price of €43.99. Norma Group SE has a 12 month low of €35.31 and a 12 month high of €54.63.
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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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