NORMA Group (NOEJ) PT Set at €56.00 by Warburg Research

NORMA Group (ETR:NOEJ) has been assigned a €56.00 ($66.67) price target by analysts at Warburg Research in a note issued to investors on Friday. The firm presently has a “neutral” rating on the stock. Warburg Research’s target price would suggest a potential upside of 4.11% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. equinet set a €61.00 ($72.62) target price on shares of NORMA Group and gave the stock a “neutral” rating in a research note on Monday, October 9th. Commerzbank set a €56.00 ($66.67) target price on shares of NORMA Group and gave the stock a “neutral” rating in a research note on Wednesday, August 9th. Kepler Capital Markets set a €59.00 ($70.24) target price on shares of NORMA Group and gave the stock a “buy” rating in a research note on Monday, August 7th. Jefferies Group set a €57.00 ($67.86) price target on shares of NORMA Group and gave the stock a “buy” rating in a research report on Thursday, August 10th. Finally, Baader Bank set a €56.00 ($66.67) price target on shares of NORMA Group and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Ten analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of €58.79 ($69.98).

NORMA Group (ETR:NOEJ) opened at €53.79 ($64.04) on Friday. NORMA Group has a 12 month low of €36.35 ($43.27) and a 12 month high of €63.79 ($75.94).

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About NORMA Group

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, marine, off-road, pharma and biotech, and road applications.

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