NORMA Group (NOEJ) PT Set at €56.00 by Berenberg Bank

NORMA Group (ETR:NOEJ) received a €56.00 ($66.67) target price from Berenberg Bank in a research note issued on Thursday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price target would suggest a potential downside of 0.48% from the company’s current price.

A number of other analysts have also issued reports on NOEJ. Commerzbank set a €56.00 ($66.67) price target on shares of NORMA Group and gave the stock a “neutral” rating in a research report on Wednesday, August 9th. Baader Bank set a €61.00 ($72.62) price target on shares of NORMA Group and gave the stock a “buy” rating in a research report on Monday, October 30th. Jefferies Group set a €57.00 ($67.86) price target on shares of NORMA Group and gave the stock a “buy” rating in a research report on Thursday, August 10th. Warburg Research set a €56.00 ($66.67) price target on shares of NORMA Group and gave the stock a “neutral” rating in a research report on Friday, December 1st. Finally, Deutsche Bank set a €55.00 ($65.48) price target on shares of NORMA Group and gave the stock a “buy” rating in a research report on Friday, August 11th. Ten investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of €58.79 ($69.98).

NORMA Group (NOEJ) opened at €56.27 ($66.99) on Thursday. NORMA Group has a fifty-two week low of €37.12 ($44.19) and a fifty-two week high of €63.79 ($75.94).

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

Analyst Recommendations for NORMA Group (ETR:NOEJ)

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