DZ Bank reiterated their buy rating on shares of Talanx (ETR:TLX) in a research report sent to investors on Thursday morning, Borsen Zeitung reports.
Several other research firms have also recently issued reports on TLX. JPMorgan Chase & Co. set a €39.50 ($45.93) target price on shares of Talanx and gave the company a buy rating in a research note on Thursday, May 2nd. Deutsche Bank set a €39.00 ($45.35) target price on shares of Talanx and gave the company a buy rating in a research note on Wednesday. HSBC set a €39.00 ($45.35) target price on shares of Talanx and gave the company a buy rating in a research note on Wednesday, March 20th. Finally, Nord/LB set a €38.50 ($44.77) target price on shares of Talanx and gave the company a buy rating in a research note on Friday, March 22nd. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Talanx has a consensus rating of Buy and an average target price of €36.93 ($42.94).
TLX opened at €35.36 ($41.12) on Thursday. The company has a quick ratio of 0.27, a current ratio of 0.67 and a debt-to-equity ratio of 34.94. Talanx has a 1 year low of €28.64 ($33.30) and a 1 year high of €36.30 ($42.21). The firm has a market capitalization of $8.94 billion and a P/E ratio of 12.72.
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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