Nord/LB Reiterates €40.00 Price Target for Talanx (ETR:TLX)
Nord/LB set a €40.00 ($46.51) price target on Talanx (ETR:TLX) in a research report report published on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research firms also recently issued reports on TLX. Deutsche Bank set a €39.00 ($45.35) target price on shares of Talanx and gave the company a buy rating in a research report on Tuesday, August 13th. Warburg Research set a €40.80 ($47.44) target price on shares of Talanx and gave the company a neutral rating in a research report on Friday, August 9th. JPMorgan Chase & Co. set a €42.00 ($48.84) target price on shares of Talanx and gave the company a buy rating in a research report on Monday, July 22nd. DZ Bank restated a buy rating on shares of Talanx in a research report on Monday, August 12th. Finally, Oddo Bhf set a €39.00 ($45.35) target price on shares of Talanx and gave the company a buy rating in a research report on Thursday, May 16th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of €38.48 ($44.75).
ETR TLX opened at €38.10 ($44.30) on Tuesday. The company has a market capitalization of $9.63 billion and a PE ratio of 12.96. The company has a fifty day moving average of €38.40 and a 200 day moving average of €36.04. Talanx has a 1 year low of €28.64 ($33.30) and a 1 year high of €39.88 ($46.37). The company has a debt-to-equity ratio of 31.89, a current ratio of 1.29 and a quick ratio of 0.75.
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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