Baader Bank set a €42.00 ($48.84) target price on Norma Group (ETR:NOEJ) in a research report report published on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other research analysts also recently commented on NOEJ. Warburg Research set a €42.00 ($48.84) price target on Norma Group and gave the stock a buy rating in a research report on Monday, August 12th. Kepler Capital Markets set a €35.00 ($40.70) price target on Norma Group and gave the stock a neutral rating in a research report on Friday, June 28th. Nord/LB set a €30.00 ($34.88) price target on Norma Group and gave the stock a neutral rating in a research report on Tuesday, August 13th. DZ Bank reaffirmed a buy rating on shares of Norma Group in a research report on Monday, July 22nd. Finally, Bank of America set a €27.00 ($31.40) price target on Norma Group and gave the stock a sell rating in a research report on Tuesday, October 15th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of €42.13 ($48.99).
NOEJ opened at €30.56 ($35.53) on Friday. The company has a debt-to-equity ratio of 107.34, a quick ratio of 1.07 and a current ratio of 1.69. The business has a 50 day moving average price of €30.63 and a 200 day moving average price of €35.26. The firm has a market cap of $973.72 million and a P/E 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).
Norma Group Company Profile
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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