Kepler Capital Markets set a €17.00 ($19.77) target price on Takkt (ETR:TTK) in a research report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities analysts have also weighed in on TTK. DZ Bank restated a neutral rating on shares of Takkt in a report on Friday, March 29th. Warburg Research set a €20.00 ($23.26) target price on Takkt and gave the company a buy rating in a report on Thursday, April 4th. Finally, Berenberg Bank set a €20.00 ($23.26) target price on Takkt and gave the company a buy rating in a report on Friday, April 26th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of €18.43 ($21.43).
ETR TTK opened at €13.52 ($15.72) on Friday. Takkt has a fifty-two week low of €12.00 ($13.95) and a fifty-two week high of €17.02 ($19.79). The company’s 50-day moving average is €12.76. The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 29.24. The company has a market capitalization of $887.05 million and a price-to-earnings ratio of 9.94.
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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