Norma Group SE (NOEJ) Receives €62.85 Consensus Price Target from Analysts
Shares of Norma Group SE (ETR:NOEJ) have been assigned a consensus rating of “Hold” from the fourteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is €62.85 ($71.42).
A number of equities analysts have issued reports on NOEJ shares. Kepler Capital Markets set a €59.00 ($67.05) target price on Norma Group and gave the stock a “neutral” rating in a report on Friday, April 27th. Baader Bank set a €68.00 ($77.27) target price on Norma Group and gave the stock a “buy” rating in a report on Monday, April 30th. Commerzbank set a €56.00 ($63.64) target price on Norma Group and gave the stock a “neutral” rating in a report on Wednesday, May 2nd. equinet set a €62.00 ($70.45) target price on Norma Group and gave the stock a “neutral” rating in a report on Tuesday, May 8th. Finally, Societe Generale set a €74.00 ($84.09) target price on Norma Group and gave the stock a “buy” rating in a report on Tuesday, May 8th.
Shares of NOEJ traded down €0.50 ($0.57) during trading hours on Wednesday, reaching €55.25 ($62.78). The stock had a trading volume of 38,519 shares, compared to its average volume of 99,678. Norma Group has a 52 week low of €40.10 ($45.57) and a 52 week high of €65.95 ($74.94).
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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