Norma Group SE (NOEJ) Given a €70.00 Price Target by Societe Generale Analysts
Norma Group SE (ETR:NOEJ) has been assigned a €70.00 ($82.35) price target by Societe Generale in a research note issued on Thursday. The brokerage presently has a “buy” rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. Kepler Capital Markets set a €59.00 ($69.41) target price on shares of Norma Group SE and gave the company a “buy” rating in a research report on Friday, July 14th. HSBC Holdings plc set a €54.00 ($63.53) target price on shares of Norma Group SE and gave the company a “buy” rating in a research report on Friday, June 30th. Commerzbank Ag set a €56.00 ($65.88) target price on shares of Norma Group SE and gave the company a “neutral” rating in a research report on Wednesday, August 9th. equinet AG set a €61.00 ($71.76) target price on shares of Norma Group SE and gave the company a “neutral” rating in a research report on Monday. Finally, Berenberg Bank set a €56.00 ($65.88) target price on shares of Norma Group SE and gave the company a “neutral” rating in a research report on Tuesday, July 18th. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of €57.31 ($67.42).
Shares of Norma Group SE (ETR:NOEJ) opened at 57.11 on Thursday. The company’s 50 day moving average is €53.96 and its 200 day moving average is €49.91. The company has a market cap of €1.82 billion and a P/E ratio of 22.27. Norma Group SE has a 12 month low of €35.31 and a 12 month high of €57.20.
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About Norma Group SE
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.
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