Talanx AG (ETR:TLX) has been assigned an average rating of “Hold” from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is €34.49 ($40.57).

A number of analysts have recently weighed in on the company. Deutsche Bank AG set a €38.00 ($44.71) price target on Talanx AG and gave the stock a “buy” rating in a research report on Tuesday, July 25th. J P Morgan Chase & Co set a €35.00 ($41.18) price target on Talanx AG and gave the stock a “neutral” rating in a research report on Thursday, July 20th. equinet AG set a €34.00 ($40.00) price target on Talanx AG and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Baader Bank set a €29.00 ($34.12) price target on Talanx AG and gave the stock a “sell” rating in a research report on Monday, May 29th. Finally, Commerzbank Ag set a €32.00 ($37.65) price target on Talanx AG and gave the stock a “neutral” rating in a research report on Monday, May 29th.

Talanx AG (ETR TLX) traded up 1.092% on Friday, hitting €35.655. The stock had a trading volume of 1,350 shares. Talanx AG has a 12-month low of €25.68 and a 12-month high of €35.66. The company has a market cap of €9.03 billion and a price-to-earnings ratio of 9.774. The company’s 50 day moving average price is €33.78 and its 200-day moving average price is €33.34.

COPYRIGHT VIOLATION WARNING: This article was first reported by Daily Political and is the property of of Daily Political. If you are accessing this article on another domain, it was illegally copied and reposted in violation of U.S. & international copyright & trademark law. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/08/08/talanx-ag-tlx-receives-34-49-average-pt-from-analysts.html.

About Talanx AG

Talanx AG (Talanx) is a Germany-based provider of insurance and reinsurance products and services. The Company’s activities are divided into five segments: Retail Germany, Retail International, Industrial Lines, Non-Life Reinsurance, and Life/Health Reinsurance. The Retail Germany segment is operated by the subsidiary Talanx Deutschland AG and manages insurance activities serving German retail and commercial customers; the Retail International segment is managed by Talanx International AG and encompasses insurance activities outside of Germany; the Industrial Lines segment is operated by HDI Global SE, which delivers insurance solutions to retail customers and industrial clients, and the reinsurance business, including the Non-Life Reinsurance and the Life/Health Reinsurance segments, is handled by Hannover Rueck SE.

Analyst Recommendations for Talanx AG (ETR:TLX)

Receive News & Ratings for Talanx AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talanx AG and related companies with MarketBeat.com's FREE daily email newsletter.