Norma Group (NOEJ) Given a €71.00 Price Target at Societe Generale
A number of other analysts have also weighed in on NOEJ. HSBC set a €57.00 ($66.28) target price on shares of Norma Group and gave the stock a buy rating in a research note on Tuesday, October 23rd. Kepler Capital Markets set a €46.00 ($53.49) price objective on Norma Group and gave the company a neutral rating in a report on Friday, October 19th. Baader Bank set a €68.00 ($79.07) price objective on Norma Group and gave the company a buy rating in a report on Monday, October 29th. Hauck & Aufhaeuser set a €69.00 ($80.23) price objective on Norma Group and gave the company a buy rating in a report on Tuesday, July 31st. Finally, DZ Bank reaffirmed a buy rating on shares of Norma Group in a report on Thursday, July 26th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of €60.54 ($70.39).
ETR NOEJ traded up €2.45 ($2.85) during trading hours on Wednesday, reaching €54.05 ($62.85). The company had a trading volume of 201,271 shares, compared to its average volume of 99,678. Norma Group has a 1-year low of €40.10 ($46.63) and a 1-year high of €65.95 ($76.69).
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.
See Also: Average Daily Trade Volume – ADTV
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