Deutsche Bank set a €44.00 ($51.16) price target on Norma Group (ETR:NOEJ) in a research report report published on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities research analysts have also recently issued reports about the company. Bank of America set a €155.00 ($180.23) target price on Continental and gave the company a buy rating in a report on Tuesday, May 14th. Baader Bank set a €54.00 ($62.79) target price on Norma Group and gave the company a buy rating in a report on Wednesday, May 8th. Kepler Capital Markets restated a hold rating on shares of Continental in a report on Friday, June 28th. Jefferies Financial Group restated a buy rating and set a C$15.00 target price on shares of Aphria in a report on Friday, May 24th. Finally, Warburg Research set a €125.00 ($145.35) target price on Sixt and gave the company a buy rating in a report on Thursday, May 9th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. Norma Group has a consensus rating of Hold and an average price target of €48.21 ($56.06).
NOEJ stock traded down €0.28 ($0.33) during trading on Wednesday, hitting €33.78 ($39.28). 61,901 shares of the company traded hands, compared to its average volume of 99,678. The firm has a market capitalization of $1.08 billion and a price-to-earnings ratio of 12.50. Norma Group has a 1 year low of €33.70 ($39.19) and a 1 year high of €59.60 ($69.30). The stock has a 50-day moving average of €35.77. The company has a debt-to-equity ratio of 99.36, a current ratio of 1.78 and a quick ratio of 1.12.
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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