TAG Immobilien (TEG) Given a €16.60 Price Target at Nord/LB

TAG Immobilien (ETR:TEG) has been given a €16.60 ($19.76) target price by Nord/LB in a research note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. Nord/LB’s price target indicates a potential upside of 1.53% from the stock’s current price.

Separately, Barclays set a €17.10 ($20.36) target price on shares of TAG Immobilien and gave the company a “buy” rating in a research report on Monday, December 11th.

TAG Immobilien (ETR:TEG) traded up €0.20 ($0.24) during midday trading on Friday, reaching €16.35 ($19.46). 402,761 shares of the company’s stock were exchanged, compared to its average volume of 368,292. TAG Immobilien has a 52 week low of €12.10 ($14.40) and a 52 week high of €16.75 ($19.94). The firm has a market capitalization of $2,400.00 and a PE ratio of 19.01.

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About TAG Immobilien

TAG Immobilien AG acquires, develops, and manages residential real estate properties in Germany. The company acquires, rents, and manages residential properties in the regions, such as Berlin, Dresden, Chemnitz, Erfurt, Gera, Hamburg, Leipzig, Rhine-Ruhr, Rostock, and Salzgitter. It also operates commercial real estate properties and boarding houses.

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