Jefferies Group Reiterates €15.00 Price Target for TAG Immobilien (TEG)
TAG Immobilien (ETR:TEG) has been given a €15.00 ($18.52) price objective by equities researchers at Jefferies Group in a research note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock. Jefferies Group’s price objective points to a potential downside of 1.45% from the company’s previous close.
A number of other equities analysts also recently weighed in on TEG. Commerzbank set a €17.50 ($21.60) target price on TAG Immobilien and gave the company a “neutral” rating in a report on Monday, January 22nd. HSBC set a €20.00 ($24.69) target price on TAG Immobilien and gave the company a “buy” rating in a report on Tuesday, January 23rd. Nord/LB set a €16.60 ($20.49) target price on TAG Immobilien and gave the company a “buy” rating in a report on Friday, January 19th. Finally, Barclays set a €17.10 ($21.11) target price on TAG Immobilien and gave the company a “buy” rating in a report on Monday, December 11th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of €17.12 ($21.13).
TAG Immobilien (ETR:TEG) opened at €15.22 ($18.79) on Thursday. The firm has a market capitalization of $2,260.00 and a PE ratio of 17.70. TAG Immobilien has a twelve month low of €12.23 ($15.10) and a twelve month high of €16.70 ($20.62).
TAG Immobilien Company Profile
TAG Immobilien AG acquires, develops, and manages residential real estate properties in Germany. The company acquires, rents, and manages residential properties in the regions, such as Berlin, Dresden, Chemnitz, Erfurt, Gera, Hamburg, Leipzig, Rhine-Ruhr, Rostock, and Salzgitter. It also operates commercial real estate properties and boarding houses.
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