Berenberg Bank Analysts Give Takkt (TTK) a €20.00 Price Target

Berenberg Bank set a €20.00 ($23.26) target price on Takkt (ETR:TTK) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

TTK has been the subject of a number of other reports. Kepler Capital Markets set a €19.50 ($22.67) target price on Takkt and gave the stock a neutral rating in a research report on Thursday, February 21st. DZ Bank reiterated a neutral rating on shares of Takkt in a research report on Thursday, February 14th. Finally, Warburg Research set a €20.00 ($23.26) price objective on Takkt and gave the company a buy rating in a research report on Thursday, April 18th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of Buy and a consensus target price of €18.35 ($21.34).

TTK opened at €12.96 ($15.07) on Wednesday. The company has a market capitalization of $855.56 million and a price-to-earnings ratio of 9.53. The company has a debt-to-equity ratio of 29.24, a current ratio of 1.29 and a quick ratio of 0.72. Takkt has a 1-year low of €12.00 ($13.95) and a 1-year high of €19.04 ($22.14).

About Takkt

TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. It 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 and food baskets, as well as kitchen stoves and freezers.

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Analyst Recommendations for Takkt (ETR:TTK)

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