Talanx (ETR:TLX) has been given a €39.80 ($49.14) target price by analysts at JPMorgan Chase & Co. in a report released on Monday. The brokerage currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 12.24% from the stock’s previous close.
Several other analysts have also recently weighed in on TLX. equinet set a €40.00 ($49.38) price target on shares of Talanx and gave the company a “buy” rating in a research note on Wednesday, January 10th. Credit Suisse Group set a €40.00 ($49.38) price target on shares of Talanx and gave the company a “buy” rating in a research note on Wednesday, January 17th. Commerzbank reissued a “neutral” rating and issued a price target on shares of Talanx in a research note on Monday, January 22nd. Warburg Research set a €37.30 ($46.05) price target on shares of Talanx and gave the company a “neutral” rating in a research note on Tuesday, January 23rd. Finally, DZ Bank reissued a “sell” rating on shares of Talanx in a research note on Wednesday, January 24th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. Talanx presently has a consensus rating of “Hold” and a consensus target price of €36.73 ($45.35).
Talanx (ETR TLX) traded up €0.52 ($0.64) during trading on Monday, hitting €35.46 ($43.78). 123,892 shares of the stock traded hands, compared to its average volume of 139,266. Talanx has a twelve month low of €30.66 ($37.85) and a twelve month high of €37.32 ($46.07). The stock has a market cap of $8,970.00 and a PE ratio of 12.53.
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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