Baader Bank Reiterates “€19.50” Price Target for TLG Immobilien AG (TLG)
TLG Immobilien AG (ETR:TLG) has been given a €19.50 ($22.94) target price by analysts at Baader Bank in a report released on Thursday. The firm presently has a “neutral” rating on the stock.
Several other brokerages also recently weighed in on TLG. Deutsche Bank AG set a €20.00 ($23.53) target price on TLG Immobilien AG and gave the stock a “neutral” rating in a research note on Friday, July 14th. J P Morgan Chase & Co set a €22.50 ($26.47) price objective on TLG Immobilien AG and gave the company a “buy” rating in a research note on Thursday, July 13th. HSBC Holdings plc set a €22.00 ($25.88) price objective on TLG Immobilien AG and gave the company a “buy” rating in a research note on Friday, June 16th. Kepler Capital Markets set a €22.00 ($25.88) price objective on TLG Immobilien AG and gave the company a “buy” rating in a research note on Wednesday, May 31st. Finally, Nord/LB set a €18.00 ($21.18) price objective on TLG Immobilien AG and gave the company a “neutral” rating in a research note on Saturday, May 20th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of €20.86 ($24.54).
TLG Immobilien AG (ETR:TLG) opened at 18.564 on Thursday. TLG Immobilien AG has a 12-month low of €16.38 and a 12-month high of €20.72. The stock has a market capitalization of €1.38 billion and a price-to-earnings ratio of 13.251. The company has a 50 day moving average of €18.20 and a 200-day moving average of €18.19.
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About TLG Immobilien AG
TLG Immobilien AG, formerly TLG Immobilien GmbH, is a Germany-based company engaged in the financial industry. The Company acquires, develops and markets real estate properties in the domestic market. It constructs, modernizes, renovates, buys, sells and rents various types of office and retail properties.
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