Norma Group (ETR:NOEJ) Given a €56.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €56.00 ($66.67) price target on Norma Group (ETR:NOEJ) in a research note released on Thursday, December 7th. The firm currently has a neutral rating on the stock.

Several other research analysts also recently commented on the company. Warburg Research set a €56.00 ($66.67) target price on Norma Group and gave the stock a neutral rating in a research note on Friday, December 1st. Nord/LB set a €52.00 ($61.90) price target on Norma Group and gave the company a neutral rating in a research report on Monday, November 20th. HSBC set a €60.00 ($71.43) price objective on Norma Group and gave the company a neutral rating in a report on Monday, November 20th. Kepler Capital Markets set a €59.00 ($70.24) price objective on Norma Group and gave the company a neutral rating in a report on Tuesday, November 14th. Finally, Jefferies Group set a €65.00 ($77.38) price target on Norma Group and gave the stock a buy rating in a research note on Monday, November 13th. Ten research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of €58.79 ($69.98).

Norma Group (NOEJ) traded up €0.06 ($0.07) during mid-day trading on Thursday, hitting €55.97 ($66.63). The stock had a trading volume of 32,079 shares, compared to its average volume of 83,090. Norma Group has a 12 month low of €39.60 ($47.14) and a 12 month high of €63.79 ($75.94). The company has a market cap of $1,780.00 and a P/E ratio of 21.86.

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Norma Group Company Profile

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.

Analyst Recommendations for Norma Group (ETR:NOEJ)

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