Norma Group SE (ETR:NOEJ) Given a €57.00 Price Target by Jefferies Group LLC Analysts

Norma Group SE (ETR:NOEJ) received a €57.00 ($67.06) price target from equities research analysts at Jefferies Group LLC in a research report issued to clients and investors on Thursday. The firm presently has a “buy” rating on the stock.

A number of other brokerages have also recently commented on NOEJ. Baader Bank set a €56.00 ($65.88) price target on shares of Norma Group SE and gave the company a “buy” rating in a research report on Wednesday. Macquarie set a €52.00 ($61.18) price target on shares of Norma Group SE and gave the company a “neutral” rating in a research report on Saturday, May 20th. Kepler Capital Markets set a €59.00 ($69.41) price target on shares of Norma Group SE and gave the company a “buy” rating in a research report on Monday, August 7th. Commerzbank Ag set a €56.00 ($65.88) price target on shares of Norma Group SE and gave the company a “neutral” rating in a research report on Wednesday. Finally, equinet AG set a €61.00 ($71.76) price target on shares of Norma Group SE and gave the company a “buy” rating in a research report on Wednesday. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of €55.50 ($65.29).

Norma Group SE (NOEJ) opened at 51.51 on Thursday. The firm’s 50-day moving average price is €49.98 and its 200 day moving average price is €46.20. The company has a market capitalization of €1.64 billion and a price-to-earnings ratio of 20.12. Norma Group SE has a 12-month low of €35.31 and a 12-month high of €54.90.

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About Norma Group SE

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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