Norma Group SE (ETR:NOEJ) Given Average Recommendation of “Hold” by Analysts
Shares of Norma Group SE (ETR:NOEJ) have been given an average recommendation of “Hold” by the thirteen analysts that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is €28.58 ($33.63).
A number of analysts have recently commented on the company. Oddo Bhf set a €19.00 ($22.35) price objective on Norma Group and gave the stock a “sell” rating in a report on Tuesday, July 7th. Nord/LB set a €25.00 ($29.41) price objective on Norma Group and gave the stock a “neutral” rating in a report on Thursday, August 20th. Berenberg Bank set a €37.00 ($43.53) price objective on Norma Group and gave the stock a “buy” rating in a report on Thursday, June 18th. Baader Bank set a €35.00 ($41.18) price target on Norma Group and gave the company a “buy” rating in a report on Wednesday, August 19th. Finally, Hauck & Aufhaeuser set a €36.00 ($42.35) price target on Norma Group and gave the company a “buy” rating in a report on Friday, September 4th.
Shares of ETR NOEJ opened at €25.40 ($29.88) on Monday. Norma Group has a 1-year low of €14.38 ($16.92) and a 1-year high of €42.06 ($49.48). The stock has a market capitalization of $809.31 million and a P/E ratio of 118.14. The business has a fifty day moving average price of €27.10 and a 200 day moving average price of €23.67. The company has a debt-to-equity ratio of 102.93, a current ratio of 2.25 and a quick ratio of 1.47.
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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