Posted by admin on Jul 23rd, 2022

NORMA Group (ETR:NOEJ – Get Rating) has been assigned a €25.00 ($25.25) price target by Baader Bank in a research note issued to investors on Thursday, Borsen Zeitung reports. Baader Bank’s price objective would indicate a potential upside of 35.14% from the company’s current price.

NOEJ has been the topic of several other research reports. Hauck Aufhäuser Ib set a €27.00 ($27.27) price objective on NORMA Group in a research report on Monday, May 9th. Warburg Research set a €40.00 ($40.40) price objective on NORMA Group in a research report on Wednesday, June 8th. HSBC set a €41.00 ($41.41) price objective on NORMA Group in a research report on Tuesday, May 24th. Deutsche Bank Rese… set a €36.00 ($36.36) price objective on NORMA Group in a research report on Friday, July 8th. Finally, Hauck and Aufhaeuser set a €44.00 ($44.44) price objective on NORMA Group in a research report on Tuesday, April 12th.

Shares of ETR NOEJ opened at €18.50 ($18.69) on Thursday. The business’s 50 day moving average price is €23.09 and its 200 day moving average price is €26.90. The firm has a market cap of $589.45 million and a P/E ratio of 11.84. NORMA Group has a 52 week low of €20.20 ($20.40) and a 52 week high of €45.64 ($46.10). The company has a quick ratio of 1.10, a current ratio of 1.80 and a debt-to-equity ratio of 76.16.

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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