Nord/LB set a €30.00 ($34.88) target price on Norma Group (ETR:NOEJ) in a research note published on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research analysts have also commented on the stock. Oddo Bhf set a €28.00 ($32.56) price objective on shares of Norma Group and gave the stock a neutral rating in a research note on Tuesday, July 23rd. Warburg Research set a €42.00 ($48.84) price objective on shares of Norma Group and gave the stock a buy rating in a research note on Monday. Deutsche Bank set a €40.00 ($46.51) price objective on shares of Norma Group and gave the stock a neutral rating in a research note on Friday, August 9th. Bank of America set a €37.00 ($43.02) price objective on shares of Norma Group and gave the stock a sell rating in a research note on Tuesday, May 14th. Finally, Jefferies Financial Group set a €53.00 ($61.63) price target on shares of Norma Group and gave the company a buy rating in a research note on Friday, May 24th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of €43.57 ($50.66).
ETR NOEJ opened at €26.90 ($31.28) on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.69 and a debt-to-equity ratio of 107.34. The firm has a market cap of $857.10 million and a PE ratio of 10.86. The company has a 50 day moving average price of €32.37 and a 200 day moving average price of €39.54. Norma Group has a 52 week low of €27.40 ($31.86) and a 52 week high of €59.50 ($69.19).
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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