Talanx AG (TLX) Given a €37.30 Price Target at Warburg Research
Talanx AG (ETR:TLX) has been given a €37.30 ($43.88) target price by equities research analysts at Warburg Research in a note issued to investors on Monday. The brokerage presently has a “neutral” rating on the stock.
A number of other equities analysts also recently issued reports on the company. Deutsche Bank AG set a €38.00 ($44.71) price target on Talanx AG and gave the stock a “buy” rating in a research report on Tuesday, July 25th. J P Morgan Chase & Co set a €35.00 ($41.18) price target on Talanx AG and gave the stock a “neutral” rating in a research report on Thursday, July 20th. equinet AG set a €34.00 ($40.00) price target on Talanx AG and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Nord/LB set a €38.00 ($44.71) price target on Talanx AG and gave the stock a “neutral” rating in a research report on Friday, August 18th. Finally, DZ Bank AG reiterated a “sell” rating on shares of Talanx AG in a research report on Monday, August 14th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of €35.53 ($41.80).
Shares of Talanx AG (ETR:TLX) opened at 33.96 on Monday. The company’s 50-day moving average price is €34.20 and its 200 day moving average price is €33.88. Talanx AG has a 52 week low of €26.50 and a 52 week high of €36.50. The company has a market cap of €8.58 billion and a P/E ratio of 8.88.
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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