Hauck & Aufhaeuser set a €24.50 ($28.49) price target on TAG Immobilien (ETR:TEG) in a research note published on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other research analysts also recently weighed in on TEG. Barclays set a €23.00 ($26.74) target price on shares of TAG Immobilien and gave the company a buy rating in a research note on Monday, September 9th. Baader Bank set a €22.00 ($25.58) price target on shares of TAG Immobilien and gave the company a neutral rating in a report on Monday, November 11th. Nord/LB set a €21.60 ($25.12) price target on shares of TAG Immobilien and gave the stock a neutral rating in a research note on Wednesday, November 13th. Jefferies Financial Group set a €19.00 ($22.09) price objective on shares of TAG Immobilien and gave the stock a neutral rating in a report on Wednesday, October 30th. Finally, Kepler Capital Markets set a €24.00 ($27.91) price objective on shares of TAG Immobilien and gave the company a buy rating in a research report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of €22.51 ($26.17).

Shares of TEG traded up €0.18 ($0.21) during mid-day trading on Thursday, reaching €21.96 ($25.53). 190,113 shares of the stock traded hands, compared to its average volume of 416,823. The firm has a market cap of $3.21 billion and a price-to-earnings ratio of 7.00. The stock has a fifty day simple moving average of €21.80 and a 200 day simple moving average of €21.11. TAG Immobilien has a 12-month low of €19.62 ($22.81) and a 12-month high of €22.48 ($26.14). The company has a quick ratio of 0.94, a current ratio of 1.37 and a debt-to-equity ratio of 114.99.

About TAG Immobilien

TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. It also operates commercial real estate properties. As of December 31, 2018, the company managed approximately 84,400 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.

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Analyst Recommendations for TAG Immobilien (ETR:TEG)

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