By Doug Wharley – 0 comments
Kepler Capital Markets set a €59.00 ($69.41) target price on Norma Group SE (ETR:NOEJ) in a research report report published on Friday, July 14th. The brokerage currently has a buy rating on the stock.
A number of other brokerages also recently commented on NOEJ. Deutsche Bank AG set a €48.00 ($56.47) price objective on shares of Norma Group SE and gave the stock a buy rating in a research note on Saturday, May 20th. Commerzbank Ag set a €51.00 ($60.00) price objective on shares of Norma Group SE and gave the stock a neutral rating in a research note on Monday, May 29th. DZ Bank AG reaffirmed a buy rating on shares of Norma Group SE in a research report on Monday, May 29th. Hauck & Aufhaeuser set a €52.00 ($61.18) price target on Norma Group SE and gave the stock a neutral rating in a research report on Saturday, May 20th. Finally, Nord/LB set a €45.00 ($52.94) price target on Norma Group SE and gave the stock a neutral rating in a research report on Wednesday, May 24th. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of €55.36 ($65.13).
Norma Group SE (ETR:NOEJ) opened at 51.86 on Friday. Norma Group SE has a 12 month low of €35.31 and a 12 month high of €54.90. The company has a market cap of €1.65 billion and a price-to-earnings ratio of 21.01. The stock has a 50 day moving average price of €49.20 and a 200 day moving average price of €45.66.
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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.
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