Several other analysts have also weighed in on the company. Societe Generale set a €70.00 ($86.42) price objective on Norma Group and gave the company a buy rating in a report on Wednesday. Baader Bank set a €68.00 ($83.95) price objective on Norma Group and gave the company a buy rating in a report on Wednesday. Hauck & Aufhaeuser set a €72.00 ($88.89) target price on Norma Group and gave the company a buy rating in a report on Monday, March 5th. DZ Bank reaffirmed a buy rating on shares of Norma Group in a report on Tuesday, February 27th. Finally, Commerzbank set a €56.00 ($69.14) target price on Norma Group and gave the company a neutral rating in a report on Wednesday, February 14th. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of €61.40 ($75.80).
Shares of NOEJ stock opened at €58.65 ($72.41) on Wednesday. The firm has a market capitalization of $1,910.00 and a PE ratio of 22.91. Norma Group has a fifty-two week low of €40.10 ($49.51) and a fifty-two week high of €65.95 ($81.42).
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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