FRANKFURT (dpa-AFX Broker) - A positive analyst comment gave Norma Group shares a strong boost on Monday. In early trading, they climbed to their highest level for almost a year and recently rose by more than ten percent to 18.64 euros.

On Friday, they had fallen significantly at times, but recovered in time at the support level of just under 16 euros.

Analyst Marc-Rene Tonn from Warburg Research has now upgraded the shares of the fastening technology specialist from "hold" to "buy", pointing to the increased confidence in the recovery of profitability./ajx/stk

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