Talanx AG (TLX) Given a €35.00 Price Target at JPMorgan Chase & Co.
Separately, equinet AG set a €34.00 ($37.36) price target on shares of Talanx AG and gave the company a “neutral” rating in a research note on Saturday.
Talanx AG (ETR:TLX) traded up 1.387% during midday trading on Friday, hitting €33.123. The company had a trading volume of 590 shares. The firm has a market capitalization of €8.37 billion and a P/E ratio of 9.232. The company has a 50 day moving average price of €33.44 and a 200 day moving average price of €32.18. Talanx AG has a 1-year low of €24.50 and a 1-year high of €35.36.
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Talanx AG Company Profile
Talanx AG (Talanx) is a Germany-based provider of insurance and reinsurance products and services. The Company’s activities are divided into five segments: Retail Germany, Retail International, Industrial Lines, Non-Life Reinsurance, and Life/Health Reinsurance. The Retail Germany segment is operated by the subsidiary Talanx Deutschland AG and manages insurance activities serving German retail and commercial customers; the Retail International segment is managed by Talanx International AG and encompasses insurance activities outside of Germany; the Industrial Lines segment is operated by HDI Global SE, which delivers insurance solutions to retail customers and industrial clients, and the reinsurance business, including the Non-Life Reinsurance and the Life/Health Reinsurance segments, is handled by Hannover Rueck SE.
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