HSBC Holdings plc Reiterates “€54.00” Price Target for Norma Group SE (ETR:NOEJ)

Norma Group SE (ETR:NOEJ) has been assigned a €54.00 ($62.79) price target by stock analysts at HSBC Holdings plc in a research report issued to clients and investors on Friday, June 30th. The firm currently has a “buy” rating on the stock.

A number of other brokerages have also weighed in on NOEJ. DZ Bank AG restated a “buy” rating on shares of Norma Group SE in a research report on Monday, May 29th. Commerzbank Ag set a €51.00 ($59.30) target price on shares of Norma Group SE and gave the stock a “neutral” rating in a research report on Monday, May 29th. Deutsche Bank AG set a €48.00 ($55.81) price objective on shares of Norma Group SE and gave the company a “buy” rating in a research report on Monday, May 29th. Nord/LB set a €45.00 ($52.33) price objective on shares of Norma Group SE and gave the company a “neutral” rating in a research report on Wednesday, May 24th. Finally, equinet AG set a €56.00 ($65.12) price objective on shares of Norma Group SE and gave the company a “buy” rating in a research report on Saturday, May 20th. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of €55.36 ($64.38).

Shares of Norma Group SE (ETR NOEJ) traded down 0.144% during trading on Friday, reaching €51.486. 353 shares of the company were exchanged. The company has a market capitalization of €1.64 billion and a price-to-earnings ratio of 20.861. The stock’s 50 day moving average is €49.00 and its 200 day moving average is €45.46. Norma Group SE has a 1-year low of €35.31 and a 1-year high of €54.90.

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Norma Group SE Company Profile

Norma Group SE is a Germany-based manufacturer of engineered joining technology solutions. The Company focuses on three product categories: Clamp, Connect and Fluid. The Clamp product portfolio comprises clamp products manufactured from unalloyed steels or stainless steel for joining or sealing elastomer hoses.

Analyst Recommendations for Norma Group SE (ETR:NOEJ)

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