Takkt (ETR:TTK)‘s stock had its “neutral” rating reaffirmed by research analysts at DZ Bank in a research note issued on Friday, March 29th, Borsen Zeitung reports.
Other analysts have also recently issued research reports about the company. Berenberg Bank set a €20.00 ($23.26) price objective on Takkt and gave the stock a “buy” rating in a research report on Friday, February 22nd. Warburg Research set a €20.00 ($23.26) price target on Takkt and gave the company a “buy” rating in a report on Thursday, February 21st. Finally, Kepler Capital Markets set a €19.50 ($22.67) price target on Takkt and gave the company a “neutral” rating in a report on Thursday, February 21st. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Takkt presently has an average rating of “Buy” and a consensus target price of €18.35 ($21.34).
Takkt stock traded up €0.06 ($0.07) during midday trading on Friday, reaching €15.28 ($17.77). 26,916 shares of the company were exchanged, compared to its average volume of 67,952. The stock has a market cap of $1.00 billion and a PE ratio of 11.40. Takkt has a 1 year low of €12.00 ($13.95) and a 1 year high of €19.04 ($22.14). The company has a current ratio of 1.78, a quick ratio of 0.89 and a debt-to-equity ratio of 24.42.
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 transport, 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.
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