Norma Group SE (ETR:NOEJ) PT Set at €61.00 by equinet AG

Norma Group SE (ETR:NOEJ) has been assigned a €61.00 ($71.76) price target by investment analysts at equinet AG in a report issued on Friday, July 14th. The brokerage presently has a “buy” rating on the stock.

Several other research analysts have also weighed in on NOEJ. DZ Bank AG restated a “buy” rating on shares of Norma Group SE in a research note on Saturday, May 20th. Commerzbank Ag set a €51.00 ($60.00) price objective on shares of Norma Group SE and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Deutsche Bank AG set a €48.00 ($56.47) price objective on shares of Norma Group SE and gave the stock a “buy” rating in a research note on Saturday, May 20th. Baader Bank set a €55.00 ($64.71) price objective on shares of Norma Group SE and gave the stock a “buy” rating in a research note on Saturday, May 20th. Finally, Macquarie set a €52.00 ($61.18) target price on shares of Norma Group SE and gave the stock a “neutral” rating in a report on Saturday, May 20th. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of €55.50 ($65.29).

Shares of Norma Group SE (ETR NOEJ) opened at 51.51 on Friday. Norma Group SE has a 12 month low of €35.31 and a 12 month high of €54.90. The stock has a 50 day moving average price of €49.98 and a 200-day moving average price of €46.20. The stock has a market cap of €1.64 billion and a P/E ratio of 20.12.

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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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