Nord/LB Reiterates €49.00 Price Target for Norma Group SE (NOEJ)

Norma Group SE (ETR:NOEJ) has been assigned a €49.00 ($57.65) target price by stock analysts at Nord/LB in a research note issued on Thursday. The brokerage currently has a “neutral” rating on the stock.

NOEJ has been the subject of a number of other research reports. Baader Bank set a €55.00 ($64.71) price target on Norma Group SE and gave the stock a “buy” rating in a research report on Saturday, May 20th. Kepler Capital Markets set a €56.00 ($65.88) price target on Norma Group SE and gave the stock a “buy” rating in a research report on Saturday, May 20th. HSBC Holdings plc set a €59.00 ($69.41) price target on Norma Group SE and gave the stock a “buy” rating in a research report on Friday, July 14th. Hauck & Aufhaeuser set a €56.00 ($65.88) price target on Norma Group SE and gave the stock a “neutral” rating in a research report on Friday, July 14th. Finally, Warburg Research set a €45.00 ($52.94) price target on Norma Group SE and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of €55.83 ($65.69).

Norma Group SE (NOEJ) opened at 53.70 on Thursday. The stock has a market cap of €1.71 billion and a PE ratio of 21.76. The stock has a 50 day moving average price of €50.22 and a 200-day moving average price of €46.44. Norma Group SE has a 12 month low of €35.31 and a 12 month high of €54.90.

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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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