Deutsche Bank set a €44.00 ($51.16) price objective on Norma Group (ETR:NOEJ) in a research report released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts have also weighed in on the company. Oddo Bhf set a €30.00 ($34.88) price objective on Norma Group and gave the stock a sell rating in a research note on Wednesday, June 26th. Baader Bank set a €54.00 ($62.79) price objective on Norma Group and gave the stock a buy rating in a research note on Wednesday, May 8th. Hauck & Aufhaeuser set a €43.00 ($50.00) price objective on Norma Group and gave the stock a neutral rating in a research note on Wednesday, July 3rd. Nord/LB set a €35.00 ($40.70) price objective on Deutsche Post and gave the stock a buy rating in a research note on Tuesday, May 14th. Finally, HSBC set a $122.00 price objective on Tiffany & Co. and gave the stock a buy rating in a research note on Friday, June 14th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of €48.21 ($56.06).
NOEJ opened at €34.32 ($39.91) on Wednesday. The company has a market cap of $1.09 billion and a price-to-earnings ratio of 12.70. The company has a current ratio of 1.78, a quick ratio of 1.12 and a debt-to-equity ratio of 99.36. The stock’s fifty day moving average is €35.76. Norma Group has a fifty-two week low of €33.70 ($39.19) and a fifty-two week high of €59.60 ($69.30).
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, irrigation, marine, off-road, pharma and biotech, and road applications.
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