Pareto Securities Analysts Give Norma Group (ETR:NOEJ) a €36.00 Price Target

Pareto Securities set a €36.00 ($41.86) target price on Norma Group (ETR:NOEJ) in a research report report published on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other equities analysts also recently commented on the stock. Kepler Capital Markets set a €35.00 ($40.70) price target on shares of Norma Group and gave the company a neutral rating in a report on Friday, June 28th. HSBC set a €41.00 ($47.67) price target on shares of Norma Group and gave the company a buy rating in a report on Friday, September 27th. Baader Bank set a €42.00 ($48.84) price target on shares of Norma Group and gave the company a buy rating in a report on Friday. DZ Bank reiterated a buy rating on shares of Norma Group in a report on Monday, July 22nd. Finally, Warburg Research set a €42.00 ($48.84) price target on shares of Norma Group and gave the company a buy rating in a report on Monday, August 12th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of Hold and an average target price of €42.13 ($48.99).

Shares of ETR:NOEJ opened at €30.56 ($35.53) on Friday. The company has a market capitalization of $973.72 million and a price-to-earnings ratio of 12.34. Norma Group has a 12 month low of €26.36 ($30.65) and a 12 month high of €56.05 ($65.17). The firm’s 50-day moving average is €30.63 and its 200 day moving average is €35.26. The company has a current ratio of 1.69, a quick ratio of 1.07 and a debt-to-equity ratio of 107.34.

Norma Group Company Profile

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

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Analyst Recommendations for Norma Group (ETR:NOEJ)

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