Norma Group (NOEJ) Given a €46.00 Price Target at Kepler Capital Markets
Kepler Capital Markets set a €46.00 ($53.49) price objective on Norma Group (ETR:NOEJ) in a research note issued to investors on Friday morning. The brokerage currently has a neutral rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. Societe Generale set a €71.00 ($82.56) target price on shares of Norma Group and gave the company a buy rating in a report on Friday, July 27th. Jefferies Financial Group set a €69.00 ($80.23) target price on shares of Norma Group and gave the company a buy rating in a report on Thursday, August 2nd. HSBC set a €63.00 ($73.26) target price on shares of Norma Group and gave the company a buy rating in a report on Thursday, August 2nd. Deutsche Bank set a €60.00 ($69.77) target price on shares of Norma Group and gave the company a neutral rating in a report on Wednesday, July 11th. Finally, Warburg Research set a €65.00 ($75.58) target price on shares of Norma Group and gave the company a neutral rating in a report on Tuesday, June 26th. Eight analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of €61.92 ($72.00).
NOEJ stock traded down €2.22 ($2.58) during midday trading on Friday, reaching €43.98 ($51.14). 169,806 shares of the company’s stock traded hands, compared to its average volume of 99,678. Norma Group has a 52 week low of €40.10 ($46.63) and a 52 week high of €65.95 ($76.69).
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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