TAG Immobilien AG (ETR:TEG) has been assigned a consensus recommendation of “Hold” from the fourteen research firms that are presently covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is €20.46 ($23.79).

Several equities research analysts have recently commented on TEG shares. Oddo Bhf set a €18.00 ($20.93) price objective on TAG Immobilien and gave the stock a “neutral” rating in a research note on Friday, August 10th. Cfra set a €21.30 ($24.77) price objective on TAG Immobilien and gave the stock a “neutral” rating in a research note on Friday, August 10th. Berenberg Bank set a €22.00 ($25.58) price objective on TAG Immobilien and gave the stock a “buy” rating in a research note on Monday, August 13th. Nord/LB set a €20.12 ($23.40) price objective on TAG Immobilien and gave the stock a “neutral” rating in a research note on Monday, August 20th. Finally, Warburg Research set a €21.00 ($24.42) price objective on TAG Immobilien and gave the stock a “neutral” rating in a research note on Friday, August 31st.

ETR:TEG opened at €21.16 ($24.60) on Wednesday. TAG Immobilien has a one year low of €12.41 ($14.43) and a one year high of €16.70 ($19.42).

About TAG Immobilien

TAG Immobilien AG acquires, develops, and manages residential real estate properties in Germany.. It also operates commercial real estate properties and boarding houses. As of December 31, 2017, the company managed approximately 83,000 residential units. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.

Read More: Price to Earnings Ratio (PE) Basics

Analyst Recommendations for TAG Immobilien (ETR:TEG)

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