Norma Group SE (NOEJ) PT Set at €59.00 by HSBC Holdings plc

Norma Group SE (ETR:NOEJ) has been given a €59.00 ($67.82) price target by stock analysts at HSBC Holdings plc in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock.

A number of other equities analysts also recently commented on the stock. DZ Bank AG restated a “buy” rating on shares of Norma Group SE in a research report on Thursday, July 13th. Hauck & Aufhaeuser set a €52.00 ($59.77) price objective on shares of Norma Group SE and gave the stock a “neutral” rating in a research report on Tuesday, June 13th. Kepler Capital Markets set a €56.00 ($64.37) price objective on shares of Norma Group SE and gave the stock a “buy” rating in a research report on Thursday, June 8th. Deutsche Bank AG set a €53.00 ($60.92) price objective on shares of Norma Group SE and gave the stock a “buy” rating in a research report on Tuesday, June 6th. Finally, Commerzbank Ag set a €51.00 ($58.62) price objective on shares of Norma Group SE and gave the stock a “neutral” rating in a research report on Monday, May 29th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of €55.30 ($63.56).

Norma Group SE (ETR:NOEJ) opened at 53.63 on Friday. The stock has a market cap of €1.71 billion and a PE ratio of 21.73. The firm has a 50-day moving average of €48.05 and a 200-day moving average 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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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.

Analyst Recommendations for Norma Group SE (ETR:NOEJ)

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