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

DZ Bank reaffirmed their buy rating on shares of Norma Group (ETR:NOEJ) in a report issued on Wednesday morning, Borsen Zeitung reports.

Several other analysts also recently commented on NOEJ. Kepler Capital Markets set a €36.00 ($41.86) price objective on shares of Norma Group and gave the stock a neutral rating in a research report on Wednesday. Warburg Research set a €49.00 ($56.98) price objective on shares of Norma Group and gave the stock a buy rating in a research report on Thursday, February 6th. Nord/LB set a €35.00 ($40.70) price objective on shares of Norma Group and gave the stock a neutral rating in a research report on Friday, November 29th. Bank of America set a €27.00 ($31.40) price objective on shares of Norma Group and gave the stock a sell rating in a research report on Tuesday, October 15th. Finally, Pareto Securities set a €36.00 ($41.86) price objective on shares of Norma Group and gave the stock a buy rating in a research report on Friday, October 18th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of Hold and an average target price of €38.38 ($44.63).

Norma Group stock opened at €36.24 ($42.14) on Wednesday. The company has a debt-to-equity ratio of 99.54, a quick ratio of 1.03 and a current ratio of 1.60. Norma Group has a 52-week low of €26.36 ($30.65) and a 52-week high of €49.26 ($57.28). The firm has a 50 day moving average price of €36.17 and a two-hundred day moving average price of €33.98. The firm has a market cap of $1.15 billion and a price-to-earnings ratio of 15.54.

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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