Norcros plc with ticker (LON:NXR) now has a potential upside of 81.6% according to Berenberg Bank.
Berenberg Bank set a target price of 325 GBX for the company, which when compared to the Norcros plc share price of 179 GBX at opening today (14/03/2024) indicates a potential upside of 81.6%. Trading has ranged between 134 (52 week low) and 204 (52 week high) with an average of 45,836 shares exchanging hands daily. The market capitalisation at the time of writing is £169,621,037.
Norcros plc is a United Kingdom-based supplier of bathroom and kitchen products. The principal activities of the Company and its subsidiaries are the design, manufacture, and distribution of a range of bathroom and kitchen products, mainly in the United Kingdom and South Africa. In the United Kingdom, it offers a range of bathroom and kitchen products for domestic and commercial applications. In the United Kingdom, it operates under eight brands: Triton, Merlyn, Vado, Croydex, Abode, Johnson Tiles, Norcros Adhesives and Grant Westfield. Its complementary business in South Africa operates principally from a shared manufacturing and administrative site near Johannesburg. In South Africa, it operates under four brands: Tile Africa, Johnson Tiles South Africa, TAL and House of Plumbing. The Company offers mixer showers and accessories; tile and stone adhesives; taps, bathroom accessories and valves; bathroom furnishings; ceramic wall and floor tiles; and tile adhesives, among others.
Norcros plc 81.6% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
Find more news, interviews, share price & company profile here for:
Latest Company News
Norcros is using public insight to help shape future bathroom design, with a focus on practical needs, inclusive thinking and long-term market relevance.
Award recognition for Abode’s Persona Boiling Water Tap strengthens the brand’s position in the design-led kitchen fixtures market.
Abode’s Persona boiling water tap wins Best Kitchen Tap at the Ideal Home Awards 2026, strengthening the brand’s position in design-led kitchen products.
Norcros has published its 2026 Annual Report after reporting revenue growth of 10.6% to £393.4m, underlying operating profit up 7.9% to £48.0m, and an 8.7% increase in the full-year dividend. The 2026 AGM will be held on 22 July 2026 in Manchester.
Tile Africa’s Abode kitchen range gives customers a practical filtered-water upgrade while strengthening the retailer’s broader kitchen category offer.
