NORMA Group (ETR:NOEJ) Rating Reconfirmed
In an analyst note shared with investors on 11 February, Norma Group (ETR:NOEJ) stock “Hold” was kept by Analysts at Warburg Research. They currently have a EUR 50.00 target on the stock. Warburg Research’s target suggests a potential upside of 21.92 % from the company’s previous stock close.
ETR:NOEJ is now trading 4.27% higher at EUR 42.56 as of 15:11 Frankfurt time. NORMA Group’s stock is down -16.92% in the last 200 days. It has underperformed the Standard & Poor’s 500 index, which has declined -13.51% in the same time.
ETR:NOEJ Price Chart & Trend
The stock price of NORMA Group went down 16.92% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, NORMA Group is down 23.76% and down 11.72%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
NORMA Group (ETR:NOEJ) Profile
NORMA Group SE is a Germany-based company, which manufactures and markets engineered joining technology solutions. It offers solutions in three product categories: CLAMP, including fastening clips and clamps, CONNECT, embracing joining elements, as well as FLUID, standing for connections and fluid systems. The Company is also concentrated on manufacturing and wholesaling plastic products.
NORMA Group (ETR:NOEJ) traded up 4.27% on 11 February, hitting EUR 42.56. A total of 84,501 shares of the company’s stock traded hands. This is up from average of 69,412 shares. NORMA Group has a 52 week low of EUR 40.05 and a 52 week high of EUR 53.3. The company has a market cap of 1.36 billion EUR and a P/E ratio of 20.39.
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The post Warburg Research Kept NORMA Group (ETR:NOEJ) As “Hold”; Has Target Of EUR 50.00 appeared first on Octafinance.