Warburg Research Analysts Give Norma Group (ETR:NOEJ) a €61.00 Price Target

Norma Group (ETR:NOEJ) received a €61.00 ($70.93) target price from stock analysts at Warburg Research in a research report issued on Tuesday, October 30th. The firm presently has a “buy” rating on the stock. Warburg Research’s price target suggests a potential upside of 25.05% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. Baader Bank set a €68.00 ($79.07) target price on shares of Norma Group and gave the stock a “buy” rating in a research report on Wednesday, July 25th. Deutsche Bank set a €60.00 ($69.77) target price on shares of Norma Group and gave the stock a “neutral” rating in a research report on Wednesday, July 11th. Nord/LB set a €55.00 ($63.95) target price on shares of Norma Group and gave the stock a “neutral” rating in a research report on Friday, August 24th. Jefferies Financial Group set a €69.00 ($80.23) target price on shares of Norma Group and gave the stock a “buy” rating in a research report on Thursday, August 2nd. Finally, HSBC set a €63.00 ($73.26) target price on shares of Norma Group and gave the stock a “buy” rating in a research report on Thursday, August 2nd. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of €60.08 ($69.86).

NOEJ traded down €0.46 ($0.53) during midday trading on Tuesday, hitting €48.78 ($56.72). The company had a trading volume of 79,779 shares, compared to its average volume of 99,678. Norma Group has a 52 week low of €40.10 ($46.63) and a 52 week high of €65.95 ($76.69).

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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