Berenberg Bank set a €22.00 ($25.58) target price on TAG Immobilien (ETR:TEG) in a research note released on Tuesday morning. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also issued reports on the company. Commerzbank set a €20.50 ($23.84) price objective on TAG Immobilien and gave the company a neutral rating in a research note on Tuesday, October 9th. Baader Bank set a €21.00 ($24.42) price objective on TAG Immobilien and gave the company a neutral rating in a research note on Tuesday, September 18th. Hauck & Aufhaeuser set a €23.00 ($26.74) price objective on TAG Immobilien and gave the company a buy rating in a research note on Thursday, September 6th. Warburg Research set a €21.00 ($24.42) price objective on TAG Immobilien and gave the company a neutral rating in a research note on Friday, August 31st. Finally, Nord/LB set a €20.12 ($23.40) price objective on TAG Immobilien and gave the company a neutral rating in a research note on Monday, August 20th. Eight research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €19.74 ($22.96).

Shares of TEG opened at €20.22 ($23.51) on Tuesday. TAG Immobilien has a twelve month low of €12.41 ($14.43) and a twelve month high of €16.70 ($19.42).

About TAG Immobilien

TAG Immobilien AG acquires, develops, and manages residential real estate properties in Germany.. It also operates commercial real estate properties and boarding houses. As of December 31, 2017, the company managed approximately 83,000 residential units. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.

Further Reading: Closed-End Mutual Funds (CEFs)

Analyst Recommendations for TAG Immobilien (ETR:TEG)

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