Norma Group SE (ETR:NOEJ) PT Set at €56.00 by Commerzbank Ag

Norma Group SE (ETR:NOEJ) received a €56.00 ($64.37) target price from research analysts at Commerzbank Ag in a report issued on Friday. The firm presently has a “neutral” rating on the stock.

Other analysts also recently issued reports about the company. Baader Bank set a €55.00 ($63.22) price target on Norma Group SE and gave the company a “buy” rating in a research note on Saturday, May 20th. DZ Bank AG restated a “buy” rating on shares of Norma Group SE in a research note on Saturday, May 20th. Macquarie set a €52.00 ($59.77) price target on Norma Group SE and gave the company a “neutral” rating in a research note on Saturday, May 20th. equinet AG set a €56.00 ($64.37) price target on Norma Group SE and gave the company a “buy” rating in a research note on Saturday, May 20th. Finally, Kepler Capital Markets set a €56.00 ($64.37) price target on Norma Group SE and gave the company a “buy” rating in a research note on Saturday, May 20th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of €55.30 ($63.56).

Norma Group SE (ETR:NOEJ) opened at 53.63 on Friday. The company has a 50 day moving average price of €48.05 and a 200-day moving average price of €43.99. The firm has a market capitalization of €1.71 billion and a price-to-earnings ratio of 21.73. 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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