Takkt Ag (TTK) Given a €23.50 Price Target by Hauck & Aufhaeuser Analysts
Takkt Ag (ETR:TTK) has been assigned a €23.50 ($27.65) price target by Hauck & Aufhaeuser in a research report issued to clients and investors on Thursday. The firm presently has a “buy” rating on the stock.
A number of other brokerages also recently issued reports on TTK. Warburg Research set a €24.30 ($28.59) price objective on Takkt Ag and gave the company a “buy” rating in a research note on Wednesday, July 19th. Kepler Capital Markets set a €22.50 ($26.47) price objective on Takkt Ag and gave the company a “neutral” rating in a research note on Thursday, July 27th. DZ Bank AG reiterated a “neutral” rating on shares of Takkt Ag in a research note on Monday, July 24th. Berenberg Bank set a €23.80 ($28.00) price objective on Takkt Ag and gave the company a “neutral” rating in a research note on Wednesday, September 20th. Finally, equinet AG set a €21.80 ($25.65) price objective on Takkt Ag and gave the company a “buy” rating in a research note on Wednesday, August 2nd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Takkt Ag has a consensus rating of “Buy” and an average target price of €23.18 ($27.27).
Takkt Ag (ETR TTK) traded down 0.02% during trading on Thursday, hitting €19.85. 600 shares of the stock were exchanged. The company has a 50-day moving average price of €19.84 and a 200 day moving average price of €20.95. The firm has a market capitalization of €1.30 billion and a price-to-earnings ratio of 16.13. Takkt Ag has a 1-year low of €18.90 and a 1-year high of €23.23.
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Takkt Ag Company Profile
TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. The company offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers for hazardous materials for plant, warehouse and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; and serving platters, bread baskets, and table decorations, as well as plates and cutlery for the food service and retail industries.
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