Norma Group SE (ETR:NOEJ) Given a €61.00 Price Target at equinet AG

equinet AG set a €61.00 ($70.11) price target on Norma Group SE (ETR:NOEJ) in a research report report published on Friday. The brokerage currently has a buy rating on the stock.

A number of other analysts have also recently weighed in on the company. Commerzbank Ag set a €56.00 ($64.37) price target on Norma Group SE and gave the company a neutral rating in a research note on Friday. Hauck & Aufhaeuser set a €56.00 ($64.37) price target on Norma Group SE and gave the company a neutral rating in a research note on Friday. Deutsche Bank AG set a €55.00 ($63.22) price target on Norma Group SE and gave the company a buy rating in a research note on Friday. HSBC Holdings plc set a €59.00 ($67.82) price target on Norma Group SE and gave the company a buy rating in a research note on Friday. Finally, DZ Bank AG reiterated a buy rating on shares of Norma Group SE in a research report on Thursday. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of €55.30 ($63.56).

Shares of Norma Group SE (NOEJ) traded down 1.90% on Friday, reaching €53.63. The company had a trading volume of 324 shares. The company has a market capitalization of €1.71 billion and a P/E ratio of 21.73. The company has a 50 day moving average of €48.05 and a 200-day moving average of €43.99. Norma Group SE has a 52 week low of €35.31 and a 52 week high of €54.63.

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Norma Group SE Company Profile

Norma Group SE is a Germany-based manufacturer of engineered joining technology solutions. The Company focuses on three product categories: Clamp, Connect and Fluid. The Clamp product portfolio comprises clamp products manufactured from unalloyed steels or stainless steel for joining or sealing elastomer hoses.

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