Norma Group (ETR:NOEJ) Receives Buy Rating from DZ Bank

DZ Bank restated their buy rating on shares of Norma Group (ETR:NOEJ) in a research report released on Friday, June 28th, Borsen Zeitung reports.

Several other equities research analysts also recently weighed in on the stock. Oddo Bhf set a €30.00 ($34.88) target price on shares of Norma Group and gave the stock a sell rating in a research report on Wednesday, June 26th. Deutsche Bank boosted their price objective on shares of Rockwell Automation from $173.00 to $186.00 and gave the company a hold rating in a research report on Friday, April 26th. Baader Bank set a €54.00 ($62.79) price objective on shares of Norma Group and gave the company a buy rating in a research report on Wednesday, May 8th. HSBC set a $122.00 price objective on shares of Tiffany & Co. and gave the company a buy rating in a research report on Friday, June 14th. Finally, Jefferies Financial Group reaffirmed a buy rating and set a C$15.00 price objective on shares of Aphria in a research report on Friday, May 24th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company. The company has a consensus rating of Hold and an average price target of €47.36 ($55.07).

NOEJ stock traded down €3.06 ($3.56) during trading on Friday, reaching €31.02 ($36.07). The stock had a trading volume of 406,079 shares, compared to its average volume of 99,678. Norma Group has a 1-year low of €33.44 ($38.88) and a 1-year high of €59.60 ($69.30). The company has a debt-to-equity ratio of 99.36, a current ratio of 1.78 and a quick ratio of 1.12. The firm has a market capitalization of $988.37 million and a P/E ratio of 11.48. The company has a fifty day moving average of €35.51.

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.

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Analyst Recommendations for Norma Group (ETR:NOEJ)

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