Takkt (ETR:TTK) has been given a €26.00 ($32.10) price target by research analysts at Commerzbank in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Commerzbank’s target price suggests a potential upside of 21.21% from the stock’s previous close.
Several other equities research analysts have also recently weighed in on the company. DZ Bank restated a “neutral” rating on shares of Takkt in a report on Wednesday, January 31st. Kepler Capital Markets set a €19.00 ($23.46) target price on Takkt and gave the company a “neutral” rating in a report on Wednesday, January 31st. Hauck & Aufhaeuser set a €25.00 ($30.86) price objective on Takkt and gave the stock a “buy” rating in a report on Wednesday, January 31st. Berenberg Bank set a €22.00 ($27.16) price objective on Takkt and gave the stock a “neutral” rating in a report on Friday, October 27th. Finally, equinet set a €18.70 ($23.09) price objective on Takkt and gave the stock a “neutral” rating in a report on Friday, October 27th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €22.50 ($27.78).
Shares of Takkt (ETR:TTK) traded down €0.45 ($0.56) during mid-day trading on Tuesday, reaching €21.45 ($26.48). The company had a trading volume of 87,612 shares, compared to its average volume of 59,248. The stock has a market cap of $1,410.00 and a PE ratio of 18.03. Takkt has a 52 week low of €17.30 ($21.36) and a 52 week high of €23.10 ($28.52).
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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