Talanx Aktiengesellschaft (TLX) Receives Average Rating of “Hold” from Analysts
Shares of Talanx Aktiengesellschaft (ETR:TLX) have been given a consensus rating of “Hold” by the twelve brokerages that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is €35.08 ($41.76).
TLX has been the subject of a number of analyst reports. J P Morgan Chase & Co set a €39.80 ($47.38) price objective on Talanx Aktiengesellschaft and gave the stock a “buy” rating in a research note on Monday, August 21st. Societe Generale set a €37.50 ($44.64) price objective on Talanx Aktiengesellschaft and gave the stock a “buy” rating in a research note on Tuesday, August 15th. Deutsche Bank set a €38.00 ($45.24) price objective on Talanx Aktiengesellschaft and gave the stock a “buy” rating in a research note on Tuesday, August 15th. Finally, equinet set a €34.00 ($40.48) target price on Talanx Aktiengesellschaft and gave the stock a “neutral” rating in a report on Friday, August 11th.
Shares of Talanx Aktiengesellschaft (ETR TLX) opened at €34.44 ($40.99) on Friday. Talanx Aktiengesellschaft has a 52 week low of €29.73 ($35.39) and a 52 week high of €36.32 ($43.24).
About Talanx Aktiengesellschaft
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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