HAMBURG (dpa-AFX) - Hauck Aufhäuser Investment Banking has upgraded Norma Group from "Hold" to "Buy" and raised the price target from 18 to 24 euros. The weaker earnings performance since 2019 has no structural background, analyst Christian Glowa wrote on Monday after a roadshow with the CFO of the fastening technology specialist. The current valuation of the shares is evidence of a loss of confidence. However, it is time for a new assessment./ag/gl

Publication of the original study: 04.03.2024 / 07:38 / CET First dissemination of the original study: 04.03.2024 / 08:08 / CET

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