Takkt Ag (ETR:TTK) has been given a €23.80 ($28.33) target price by Berenberg Bank in a research note issued to investors on Wednesday. The firm presently has a “neutral” rating on the stock.

Several other equities research analysts have also recently weighed in on TTK. equinet AG set a €21.80 ($25.95) price objective on Takkt Ag and gave the company a “buy” rating in a research report on Wednesday, August 2nd. Warburg Research set a €24.30 ($28.93) price objective on Takkt Ag and gave the company a “buy” rating in a research report on Wednesday, July 19th. Kepler Capital Markets set a €22.50 ($26.79) price objective on Takkt Ag and gave the company a “neutral” rating in a research report on Thursday, July 27th. Finally, DZ Bank AG reissued a “neutral” rating on shares of Takkt Ag in a research report on Monday, July 24th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of €23.48 ($27.95).

Shares of Takkt Ag (ETR TTK) opened at 19.70 on Wednesday. The company has a 50 day moving average of €20.08 and a 200-day moving average of €21.09. The company has a market cap of €1.29 billion and a price-to-earnings ratio of 16.00. Takkt Ag has a 52 week low of €18.90 and a 52 week high of €23.23.

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Takkt Ag Company Profile

TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. The company offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers for hazardous materials for plant, warehouse and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; and serving platters, bread baskets, and table decorations, as well as plates and cutlery for the food service and retail industries.

Analyst Recommendations for Takkt Ag (ETR:TTK)

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