Norcros plc with ticker (LON:NXR) now has a potential upside of 51.8% according to Deutsche.
NXR.L
Deutsche set a target price of 375 GBX for the company, which when compared to the Norcros plc share price of 247 GBX at opening today (25/11/2024) indicates a potential upside of 51.8%. Trading has ranged between 161 (52 week low) and 283 (52 week high) with an average of 193,133 shares exchanging hands daily. The market capitalisation at the time of writing is £221,772,383.
Norcros plc is a designer and supplier of bathroom and kitchen products with operations primarily in the United Kingdom (UK) and Ireland and South Africa. In the UK and Ireland, the Company operates under six brands: Triton, Merlyn, Grant Westfield, VADO, Croydex, and Abode. Triton is a manufacturer of electric and mixer showers and accessories. Merlyn is a supplier of shower enclosures and trays to the residential, commercial and hospitality sectors. Grant Westfield is a manufacturer of waterproof bathroom wall panels. Vado is a manufacturer of taps, mixer showers, bathroom accessories and valves. Croydex is a manufacturer of bathroom furnishings and accessories. Abode is a designer and distributor of kitchen taps, bathroom taps and kitchen sinks. In South Africa, the Company operates under four brands: Tile Africa, House of Plumbing, TAL, and Johnson Tiles. Tile Africa is focused on ceramic and porcelain tiles, and associated products such as sanitaryware, showers and adhesives.
Norcros plc 51.8% potential upside indicated by Deutsche
- Written by: Charlotte Edwards
Find more news, interviews, share price & company profile here for:
Latest Company News
Fibo has added its full waterproof wall panel range to ArtiCAD, strengthening its position in the bathroom specification process and making products easier to visualise and select.
Fibo’s full bathroom wall panel range is now available in ArtiCAD, making product selection and visualisation simpler during the design process.
ARYSTO uses a simple wellbeing-focused message to strengthen the commercial position of its premium shower enclosure range.
Norcros delivers organic growth, stronger margins and continued market share gains despite challenging conditions across its core markets.
Abode has launched the Linaro granite sink collection with flexible installation options, larger bowl capacity and a range of coordinated accessories.
Norcros reports a solid first quarter, with revenue growth, Fibo contribution and full-year expectations unchanged.
