Warburg Research set a €42.00 ($48.84) price target on Norma Group (ETR:NOEJ) in a research report sent to investors on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other equities analysts also recently issued reports on NOEJ. Jefferies Financial Group set a €53.00 ($61.63) price target on shares of Norma Group and gave the stock a buy rating in a research note on Friday, May 24th. Deutsche Bank set a €40.00 ($46.51) price target on shares of Norma Group and gave the stock a neutral rating in a research note on Friday, August 9th. Hauck & Aufhaeuser set a €33.00 ($38.37) price target on shares of Norma Group and gave the stock a neutral rating in a research note on Friday, August 9th. Kepler Capital Markets set a €35.00 ($40.70) price target on shares of Norma Group and gave the stock a neutral rating in a research note on Friday, June 28th. Finally, Baader Bank set a €42.00 ($48.84) price target on shares of Norma Group and gave the stock a buy rating in a research note on Friday, July 19th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of Hold and an average price target of €43.57 ($50.66).

Norma Group stock opened at €26.90 ($31.28) on Monday. The company has a current ratio of 1.69, a quick ratio of 1.07 and a debt-to-equity ratio of 107.34. The firm has a 50-day moving average of €32.37 and a 200-day moving average of €39.54. The firm has a market cap of $857.10 million and a P/E ratio of 10.86. Norma Group has a 1-year low of €27.40 ($31.86) and a 1-year high of €59.50 ($69.19).

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

Featured Story: Compound Interest and Why It Matters When Investing

Analyst Recommendations for Norma Group (ETR:NOEJ)

Receive News & Ratings for Norma Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norma Group and related companies with MarketBeat.com's FREE daily email newsletter.