TLG Immobilien (TLG) Receives “Neutral” Rating from UBS
TLG Immobilien (ETR:TLG)‘s stock had its “neutral” rating reissued by research analysts at UBS in a research report issued on Thursday, www.boersen-zeitung.de reports.
Several other research analysts have also recently issued reports on TLG. Baader Bank set a €19.50 ($23.21) price objective on TLG Immobilien and gave the stock a “neutral” rating in a research note on Thursday, August 10th. Berenberg Bank set a €22.00 ($26.19) target price on TLG Immobilien and gave the stock a “buy” rating in a report on Friday, August 11th. Kepler Capital Markets set a €23.00 ($27.38) target price on TLG Immobilien and gave the stock a “buy” rating in a report on Monday, August 14th. Deutsche Bank set a €20.00 ($23.81) target price on TLG Immobilien and gave the stock a “neutral” rating in a report on Monday, August 14th. Finally, J P Morgan Chase & Co set a €22.50 ($26.79) target price on TLG Immobilien and gave the stock a “buy” rating in a report on Monday, August 14th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. TLG Immobilien presently has a consensus rating of “Buy” and a consensus target price of €21.50 ($25.60).
Shares of TLG Immobilien (ETR:TLG) traded down €0.04 ($0.05) during trading hours on Thursday, reaching €21.31 ($25.37). The company had a trading volume of 103,889 shares, compared to its average volume of 160,373. TLG Immobilien has a 52 week low of €16.31 ($19.42) and a 52 week high of €21.16 ($25.19).
About TLG Immobilien
TLG Immobilien AG operates as a commercial real estate company in Germany. The company is involved in the letting, management, acquisition, development, and disposal of commercial real estate properties, including office, retail, and hotel properties. It operates seven hotels in Berlin, Dresden, Leipzig, and Rostock.
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