Nord/LB Reiterates “€34.00” Price Target for Talanx AG (TLX)
Talanx AG (ETR:TLX) received a €34.00 ($40.00) target price from stock analysts at Nord/LB in a research note issued on Wednesday. The firm currently has a “neutral” rating on the stock.
Several other equities research analysts also recently commented on TLX. Berenberg Bank set a €34.20 ($40.24) target price on Talanx AG and gave the company a “neutral” rating in a report on Tuesday, August 15th. equinet AG set a €34.00 ($40.00) price target on Talanx AG and gave the stock a “neutral” rating in a report on Friday, August 11th. Oddo Securities set a €35.50 ($41.76) price objective on shares of Talanx AG and gave the company a “buy” rating in a research report on Wednesday, August 9th. J P Morgan Chase & Co set a €35.00 ($41.18) price objective on shares of Talanx AG and gave the company a “neutral” rating in a research report on Tuesday, August 15th. Finally, Baader Bank set a €29.00 ($34.12) price objective on shares of Talanx AG and gave the company a “sell” rating in a research note on Monday, August 14th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of €35.41 ($41.66).
Talanx AG (ETR:TLX) opened at 34.13 on Wednesday. The firm has a 50 day moving average of €34.61 and a 200 day moving average of €33.70. The firm has a market cap of €8.63 billion and a P/E ratio of 8.92. Talanx AG has a 1-year low of €26.50 and a 1-year high of €36.50.
Talanx AG 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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