Oddo Bhf set a €30.00 ($34.88) price objective on Norma Group (ETR:NOEJ) in a research report report published on Wednesday, June 26th, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
A number of other analysts also recently issued reports on NOEJ. Baader Bank set a €54.00 ($62.79) price objective on shares of Norma Group and gave the stock a buy rating in a report on Wednesday, May 8th. HSBC set a $122.00 target price on shares of Tiffany & Co. and gave the stock a buy rating in a research note on Friday, June 14th. Bank of America set a €155.00 ($180.23) target price on shares of Continental and gave the stock a buy rating in a research note on Tuesday, May 14th. Nord/LB set a €35.00 ($40.70) target price on shares of Deutsche Post and gave the stock a buy rating in a research note on Tuesday, May 14th. Finally, DZ Bank reiterated a neutral rating on shares of Bayer in a research note on Friday, April 26th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. The company has an average rating of Hold and an average price target of €48.21 ($56.06).
ETR NOEJ traded down €0.30 ($0.35) on Wednesday, hitting €34.08 ($39.63). 62,599 shares of the company were exchanged, compared to its average volume of 99,678. The stock has a market capitalization of $1.09 billion and a P/E ratio of 12.61. Norma Group has a 12 month low of €33.44 ($38.88) and a 12 month high of €59.60 ($69.30). The stock’s fifty day moving average is €35.65. The company has a debt-to-equity ratio of 99.36, a quick ratio of 1.12 and a current ratio of 1.78.
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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