Norma Group SE (NOEJ) Receives €53.00 Consensus PT from Analysts
Shares of Norma Group SE (ETR:NOEJ) have been given a consensus rating of “Hold” by the fourteen analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is €53.00 ($61.63).
A number of equities analysts recently commented on NOEJ shares. Deutsche Bank set a €56.00 ($65.12) target price on shares of Norma Group and gave the stock a “buy” rating in a research note on Friday, April 12th. Kepler Capital Markets set a €40.00 ($46.51) target price on shares of Norma Group and gave the stock a “neutral” rating in a research note on Thursday, May 9th. Warburg Research set a €62.00 ($72.09) target price on shares of Norma Group and gave the stock a “buy” rating in a research note on Tuesday, March 26th. Bank of America set a €41.00 ($47.67) price objective on shares of Norma Group and gave the company a “sell” rating in a research note on Wednesday, April 3rd. Finally, Hauck & Aufhaeuser set a €57.00 ($66.28) price objective on shares of Norma Group and gave the company a “buy” rating in a research note on Wednesday, February 13th.
Shares of ETR:NOEJ traded down €1.10 ($1.28) during trading on Friday, hitting €36.10 ($41.98). The company’s stock had a trading volume of 98,215 shares, compared to its average volume of 99,678. The company has a market cap of $1.16 billion and a price-to-earnings ratio of 13.36. The company has a quick ratio of 1.12, a current ratio of 1.78 and a debt-to-equity ratio of 99.36. Norma Group has a fifty-two week low of €36.80 ($42.79) and a fifty-two week high of €70.15 ($81.57).
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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