Talanx AG (TLX) Receives Average Recommendation of “Hold” from Analysts
Talanx AG (ETR:TLX) has received an average rating of “Hold” from the twelve research firms that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is €35.77 ($42.59).
TLX has been the topic of a number of research reports. DZ Bank AG reiterated a “sell” rating on shares of Talanx AG in a report on Monday, May 29th. equinet AG set a €34.00 ($40.48) target price on shares of Talanx AG and gave the stock a “neutral” rating in a report on Monday, May 29th. Commerzbank Ag set a €32.00 ($38.10) target price on shares of Talanx AG and gave the stock a “neutral” rating in a report on Monday, May 29th. Baader Bank set a €29.00 ($34.52) target price on shares of Talanx AG and gave the stock a “sell” rating in a report on Monday, May 29th. Finally, Deutsche Bank AG set a €34.50 ($41.07) target price on shares of Talanx AG and gave the stock a “neutral” rating in a report on Tuesday, May 30th.
Talanx AG (ETR:TLX) opened at 33.927 on Friday. Talanx AG has a one year low of €26.50 and a one year high of €36.50. The company’s 50-day moving average is €34.77 and its 200 day moving average is €33.70. The stock has a market capitalization of €8.58 billion and a price-to-earnings ratio of 8.870.
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About Talanx AG
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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