NORMA Group (ETR:NOEJ) Given a €36.00 Price Target at Deutsche Bank Rese…

NORMA Group (ETR:NOEJGet Rating) has been given a €36.00 ($37.89) price target by stock analysts at Deutsche Bank Rese… in a research report issued on Monday, Borsen Zeitung reports. Deutsche Bank Rese…’s price target suggests a potential upside of 48.03% from the stock’s previous close.

Several other equities analysts also recently commented on NOEJ. Deutsche Bank Aktiengesellschaft set a €33.00 ($34.74) price target on NORMA Group in a report on Wednesday, January 19th. Hauck Aufhäuser Ib set a €27.00 ($28.42) price objective on NORMA Group in a research report on Monday. Warburg Research set a €44.00 ($46.32) price objective on NORMA Group in a research report on Wednesday, February 16th. Hauck and Aufhaeuser set a €44.00 ($46.32) price objective on NORMA Group in a research report on Tuesday, April 12th. Finally, Baader Bank set a €47.00 ($49.47) target price on NORMA Group in a research report on Thursday, April 21st.

NOEJ stock traded up €0.52 ($0.55) during midday trading on Monday, hitting €24.32 ($25.60). 134,808 shares of the company traded hands, compared to its average volume of 99,678. NORMA Group has a twelve month low of €22.92 ($24.13) and a twelve month high of €49.36 ($51.96). The company has a quick ratio of 1.07, a current ratio of 1.78 and a debt-to-equity ratio of 78.15. The business has a 50 day simple moving average of €26.23 and a 200-day simple moving average of €31.34. The stock has a market capitalization of $774.89 million and a price-to-earnings ratio of 13.86.

NORMA Group Company Profile (Get Rating)

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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