Pareto Securities set a €36.00 ($41.86) price target on Norma Group (ETR:NOEJ) in a research note published on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities analysts have also recently weighed in on NOEJ. Nord/LB set a €30.00 ($34.88) price objective on shares of Norma Group and gave the stock a neutral rating in a research report on Tuesday, August 13th. DZ Bank restated a buy rating on shares of Norma Group in a research report on Monday, July 22nd. Deutsche Bank set a €40.00 ($46.51) target price on shares of Norma Group and gave the stock a neutral rating in a report on Friday, August 9th. Kepler Capital Markets set a €35.00 ($40.70) target price on shares of Norma Group and gave the stock a neutral rating in a report on Friday, June 28th. Finally, Hauck & Aufhaeuser set a €31.00 ($36.05) target price on shares of Norma Group and gave the stock a neutral rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of €42.13 ($48.99).
ETR:NOEJ traded down €0.10 ($0.12) during trading hours on Friday, reaching €30.56 ($35.53). 236,155 shares of the company were exchanged, compared to its average volume of 99,678. The company has a current ratio of 1.69, a quick ratio of 1.07 and a debt-to-equity ratio of 107.34. The stock’s 50-day moving average is €30.63 and its 200-day moving average is €35.26. The firm has a market cap of $973.72 million and a PE ratio of 12.34. Norma Group has a twelve month low of €26.36 ($30.65) and a twelve month high of €56.05 ($65.17).
About Norma Group
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, irrigation, marine, off-road, pharma and biotech, and road applications.
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