Other analysts have also recently issued reports about the stock. equinet set a €61.00 ($72.62) price objective on shares of Norma Group and gave the stock a neutral rating in a research note on Wednesday, November 8th. Baader Bank set a €61.00 ($72.62) price objective on shares of Norma Group and gave the stock a buy rating in a research note on Friday, October 6th. DZ Bank restated a buy rating on shares of Norma Group in a research note on Friday, November 10th. Warburg Research set a €54.00 ($64.29) price objective on shares of Norma Group and gave the stock a neutral rating in a research note on Wednesday, November 8th. Finally, Kepler Capital Markets set a €59.00 ($70.24) price objective on shares of Norma Group and gave the stock a neutral rating in a research note on Thursday, November 2nd. Ten analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of €60.40 ($71.90).
Shares of Norma Group (ETR:NOEJ) opened at €64.15 ($76.37) on Tuesday. The stock has a market cap of $2,050.00 and a P/E ratio of 25.06. Norma Group has a one year low of €39.95 ($47.56) and a one year high of €65.95 ($78.51).
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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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