Posted by admin on Aug 13th, 2022

NORMA Group (ETR:NOEJ – Get Rating) has been given a €25.00 ($25.51) price target by stock analysts at Baader Bank in a research report issued on Thursday, Borsen Zeitung reports. Baader Bank’s target price would indicate a potential upside of 36.17% from the company’s current price.

A number of other equities analysts also recently commented on the stock. Hauck Aufhäuser Ib set a €27.00 ($27.55) price objective on shares of NORMA Group in a research note on Monday, May 9th. HSBC set a €41.00 ($41.84) price objective on NORMA Group in a research report on Tuesday, May 24th. Berenberg Bank set a €43.00 ($43.88) target price on shares of NORMA Group in a report on Friday, July 22nd. Warburg Research set a €19.00 ($19.39) price objective on shares of NORMA Group in a research report on Monday, July 25th. Finally, Hauck Aufhäuser In… set a €25.00 ($25.51) target price on shares of NORMA Group in a research report on Friday, July 22nd.

NOEJ stock opened at €18.36 ($18.73) on Thursday. The firm has a market capitalization of $584.99 million and a P/E ratio of 10.95. The company has a quick ratio of 1.10, a current ratio of 1.80 and a debt-to-equity ratio of 76.16. The company has a fifty day simple moving average of €21.34 and a two-hundred day simple moving average of €25.13. NORMA Group has a 52 week low of €16.51 ($16.85) and a 52 week high of €45.48 ($46.41).

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. The company sells its products to distributors, original equipment manufacturer aftermarket customers, technical wholesalers, and hardware stores under the ABA, Breeze, Clamp-All, CONNECTORS, FISH, Gemi, Kimplas, NDS, NORMA, Raindrip, R.G.RAY, Serflex, TORCA, and TRUSTLENE brand names through its distribution network, sales representatives, retailers, and importers.

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