Nord/LB Analysts Give Norma Group (ETR:NOEJ) a €25.00 Price Target
Nord/LB set a €25.00 ($28.09) target price on Norma Group (ETR:NOEJ) in a research report report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also recently issued reports on NOEJ. DZ Bank reissued a buy rating on shares of Norma Group in a research note on Thursday, May 7th. Kepler Capital Markets set a €18.00 ($20.22) price target on Norma Group and gave the stock a neutral rating in a research note on Thursday, April 23rd. Baader Bank set a €28.00 ($31.46) price target on Norma Group and gave the stock a buy rating in a research note on Wednesday, May 6th. HSBC set a €18.00 ($20.22) price target on Norma Group and gave the stock a sell rating in a research note on Wednesday, April 29th. Finally, Berenberg Bank set a €37.00 ($41.57) price target on Norma Group and gave the stock a buy rating in a research note on Thursday, June 18th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of €27.92 ($31.37).
NOEJ opened at €23.12 ($25.98) on Monday. The company has a debt-to-equity ratio of 101.47, a quick ratio of 1.35 and a current ratio of 2.03. Norma Group has a 52-week low of €14.38 ($16.16) and a 52-week high of €42.06 ($47.26). The stock has a market capitalization of $767.88 million and a PE ratio of 14.71. The stock’s 50 day moving average price is €24.92 and its 200-day moving average price is €27.49.
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.
Further Reading: Why does the United States have a lingering trade deficit?
Receive News & Ratings for Norma Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norma Group and related companies with MarketBeat.com's FREE daily email newsletter.