Brokerages Set Talanx AG (ETR:TLX) Target Price at €39.43
Shares of Talanx AG (ETR:TLX) have received an average rating of “Buy” from the eleven research firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is €39.43 ($45.85).
Several equities analysts have commented on TLX shares. JPMorgan Chase & Co. set a €44.00 ($51.16) price target on shares of Talanx and gave the stock a “buy” rating in a research note on Monday, September 16th. Deutsche Bank set a €39.00 ($45.35) price target on shares of Talanx and gave the stock a “buy” rating in a research note on Tuesday, August 13th. DZ Bank restated a “buy” rating on shares of Talanx in a research note on Monday, August 12th. Warburg Research set a €40.80 ($47.44) price target on shares of Talanx and gave the stock a “neutral” rating in a research note on Friday, August 9th. Finally, HSBC set a €39.50 ($45.93) price target on shares of Talanx and gave the stock a “buy” rating in a research note on Monday, June 3rd.
Shares of ETR:TLX traded up €0.60 ($0.70) during trading on Thursday, hitting €39.58 ($46.02). The company’s stock had a trading volume of 181,707 shares, compared to its average volume of 138,773. The business has a 50 day moving average price of €37.97 and a two-hundred day moving average price of €36.73. The company has a market capitalization of $10.01 billion and a PE ratio of 13.47. The company has a debt-to-equity ratio of 31.89, a quick ratio of 0.75 and a current ratio of 1.29. Talanx has a fifty-two week low of €28.64 ($33.30) and a fifty-two week high of €39.88 ($46.37).
Talanx Aktiengesellschaft provides insurance and reinsurance products and services worldwide. The company offers life, casualty, liability, motor, aviation, legal protection, fire, burglary and theft, water damage, plate glass, windstorm, comprehensive householders, comprehensive home-owners, hail, livestock, engineering, omnium, marine, business interruption, travel assistance, aviation and space liability, financial lines, and other property insurance, as well as coverage for fire and fire loss of profits insurance.
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