DZ Bank Reaffirms Buy Rating for Norma Group (ETR:NOEJ)

DZ Bank reissued their buy rating on shares of Norma Group (ETR:NOEJ) in a report released on Tuesday, Borsen Zeitung reports.

NOEJ has been the topic of a number of other research reports. Pareto Securities set a €36.00 ($41.86) price target on shares of Norma Group and gave the company a buy rating in a report on Friday, October 18th. Kepler Capital Markets set a €28.00 ($32.56) price target on shares of Norma Group and gave the stock a neutral rating in a research note on Thursday, November 14th. Warburg Research set a €50.00 ($58.14) price objective on shares of Norma Group and gave the company a buy rating in a report on Friday, November 15th. Hauck & Aufhaeuser set a €31.00 ($36.05) price objective on shares of Norma Group and gave the company a neutral rating in a research report on Friday, October 18th. Finally, Berenberg Bank set a €52.00 ($60.47) target price on shares of Norma Group and gave the stock a buy rating in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of €38.38 ($44.63).

ETR NOEJ opened at €38.32 ($44.56) on Tuesday. Norma Group has a one year low of €26.36 ($30.65) and a one year high of €55.15 ($64.13). The stock has a 50-day moving average of €35.84 and a 200 day moving average of €33.51. The company has a debt-to-equity ratio of 99.54, a quick ratio of 1.03 and a current ratio of 1.60. The company has a market capitalization of $1.22 billion and a price-to-earnings ratio of 16.43.

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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Analyst Recommendations for Norma Group (ETR:NOEJ)

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