Takkt Ag (TTK) Given Consensus Rating of “Hold” by Analysts
Takkt Ag (ETR:TTK) has earned a consensus recommendation of “Hold” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is €21.75 ($25.89).
TTK has been the topic of a number of recent analyst reports. Commerzbank set a €23.00 ($27.38) price target on shares of Takkt and gave the stock a “buy” rating in a report on Friday, November 3rd. Kepler Capital Markets set a €19.00 ($22.62) price target on shares of Takkt and gave the stock a “neutral” rating in a report on Friday, October 27th. Warburg Research set a €24.30 ($28.93) price target on shares of Takkt and gave the stock a “buy” rating in a report on Thursday, October 26th. DZ Bank reissued a “neutral” rating on shares of Takkt in a report on Friday, October 27th. Finally, Hauck & Aufhaeuser set a €23.50 ($27.98) price target on shares of Takkt and gave the stock a “buy” rating in a report on Tuesday, October 24th.
Shares of Takkt (TTK) opened at €17.93 ($21.34) on Tuesday. Takkt has a one year low of €17.50 ($20.83) and a one year high of €23.31 ($27.75).
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Takkt 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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