Shares of Norma Group SE (ETR:NOEJ) have earned a consensus rating of “Buy” from the fourteen research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is €56.62 ($65.83).

Several brokerages have recently issued reports on NOEJ. Baader Bank set a €62.00 ($72.09) target price on shares of Norma Group and gave the stock a “buy” rating in a research note on Friday, February 1st. Hauck & Aufhaeuser set a €57.00 ($66.28) target price on shares of Norma Group and gave the stock a “buy” rating in a research note on Thursday. equinet set a €51.00 ($59.30) target price on shares of Norma Group and gave the stock a “neutral” rating in a research note on Thursday, November 8th. Warburg Research set a €61.00 ($70.93) target price on shares of Norma Group and gave the stock a “buy” rating in a research note on Tuesday, November 13th. Finally, Jefferies Financial Group set a €69.00 ($80.23) target price on shares of Norma Group and gave the stock a “buy” rating in a research note on Monday, November 12th.

Shares of NOEJ traded up €0.86 ($1.00) during trading hours on Wednesday, hitting €42.50 ($49.42). 99,728 shares of the company were exchanged, compared to its average volume of 99,678. Norma Group has a 52 week low of €40.10 ($46.63) and a 52 week high of €65.95 ($76.69).

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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