Analysts Set Talanx AG (ETR:TLX) Target Price at €37.80

Shares of Talanx AG (ETR:TLX) have received an average recommendation of “Buy” from the thirteen research firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is €37.80 ($43.95).

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 650 ($8.49) price target on shares of in a research note on Thursday, June 20th. DZ Bank restated a “buy” rating on shares of Talanx in a research note on Thursday, May 9th. Oddo Bhf set a €23.60 ($27.44) price objective on RWE and gave the company a “neutral” rating in a research report on Thursday, May 16th. HSBC reduced their price objective on Canada Goose from C$62.00 to C$55.00 and set a “buy” rating for the company in a research report on Monday, June 3rd. Finally, Nord/LB set a €53.00 ($61.63) price objective on Lanxess and gave the company a “neutral” rating in a research report on Tuesday, May 21st.

Shares of TLX stock traded down €0.06 ($0.07) during mid-day trading on Friday, hitting €38.90 ($45.23). The company’s stock had a trading volume of 53,691 shares, compared to its average volume of 138,773. Talanx has a 52-week low of €28.64 ($33.30) and a 52-week high of €39.88 ($46.37). The company has a 50-day moving average of €37.32. The company has a debt-to-equity ratio of 31.94, a quick ratio of 0.76 and a current ratio of 1.31. The firm has a market capitalization of $9.83 billion and a PE ratio of 13.65.

Talanx Company Profile

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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Analyst Recommendations for Talanx (ETR:TLX)

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