NORMA Group SE (NOEJ.F) (ETR:NOEJ) Given a €44.00 Price Target at Berenberg Bank

Berenberg Bank set a €44.00 ($51.76) target price on NORMA Group SE (NOEJ.F) (ETR:NOEJ) in a research note released on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

NOEJ has been the subject of several other reports. Nord/LB set a €25.00 ($29.41) price target on shares of NORMA Group SE (NOEJ.F) and gave the stock a neutral rating in a report on Thursday, August 20th. Warburg Research set a €36.00 ($42.35) price target on shares of NORMA Group SE (NOEJ.F) and gave the stock a buy rating in a report on Tuesday, August 11th. Oddo Bhf set a €19.00 ($22.35) target price on shares of NORMA Group SE (NOEJ.F) and gave the company a sell rating in a report on Tuesday, July 7th. Baader Bank set a €35.00 ($41.18) target price on shares of NORMA Group SE (NOEJ.F) and gave the company a buy rating in a report on Tuesday, October 20th. Finally, Hauck & Aufhaeuser set a €36.00 ($42.35) target price on shares of NORMA Group SE (NOEJ.F) and gave the company a buy rating in a report on Friday, September 4th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. NORMA Group SE (NOEJ.F) has a consensus rating of Hold and an average target price of €29.10 ($34.24).

ETR NOEJ opened at €29.68 ($34.92) on Wednesday. The stock has a market capitalization of $945.68 million and a P/E ratio of 138.05. NORMA Group SE has a 52-week low of €14.38 ($16.92) and a 52-week high of €42.06 ($49.48). The firm has a 50-day moving average price of €27.78 and a 200 day moving average price of €24.73. The company has a quick ratio of 1.47, a current ratio of 2.25 and a debt-to-equity ratio of 102.93.

About NORMA Group SE (NOEJ.F)

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, air intake and induction, aviation, irrigation, marine, off-road, pharma and biotech, and road applications.

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Analyst Recommendations for NORMA Group SE (NOEJ.F) (ETR:NOEJ)

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