Norma Group (ETR:NOEJ) has been given a €66.00 ($81.48) price objective by Berenberg Bank in a report released on Tuesday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 12.34% from the company’s previous close.

NOEJ has been the subject of several other research reports. Kepler Capital Markets set a €59.00 ($72.84) price target on shares of Norma Group and gave the company a “neutral” rating in a report on Wednesday, November 8th. Baader Bank set a €61.00 ($75.31) price target on shares of Norma Group and gave the company a “buy” rating in a report on Wednesday, November 8th. Jefferies Group set a €70.00 ($86.42) price target on shares of Norma Group and gave the company a “buy” rating in a report on Thursday, January 11th. HSBC set a €60.00 ($74.07) price target on shares of Norma Group and gave the company a “neutral” rating in a report on Monday, November 20th. Finally, Hauck & Aufhaeuser set a €61.00 ($75.31) price target on shares of Norma Group and gave the company a “neutral” rating in a report on Wednesday, November 1st. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of €61.07 ($75.39).

Norma Group (ETR:NOEJ) opened at €58.75 ($72.53) on Tuesday. The firm has a market cap of $1,870.00 and a P/E ratio of 22.95. Norma Group has a 1-year low of €39.95 ($49.32) and a 1-year high of €65.70 ($81.11).

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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, marine, off-road, pharma and biotech, and road applications.

Analyst Recommendations for Norma Group (ETR:NOEJ)

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