Takkt Ag (TTK) Given a €22.50 Price Target at Kepler Capital Markets
A number of other brokerages have also commented on TTK. DZ Bank AG reissued a neutral rating on shares of Takkt Ag in a research report on Monday, July 24th. Warburg Research set a €24.30 ($28.26) price objective on shares of Takkt Ag and gave the stock a buy rating in a research report on Wednesday, July 19th. Berenberg Bank set a €23.80 ($27.67) price objective on shares of Takkt Ag and gave the stock a neutral rating in a research report on Tuesday, May 30th. Finally, Hauck & Aufhaeuser set a €25.00 ($29.07) price objective on shares of Takkt Ag and gave the stock a buy rating in a research report on Saturday, May 20th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Takkt Ag presently has a consensus rating of Hold and an average target price of €23.90 ($27.79).
Takkt Ag (ETR TTK) opened at 20.538 on Thursday. Takkt Ag has a 52 week low of €18.90 and a 52 week high of €23.23. The firm has a market cap of €1.35 billion and a price-to-earnings ratio of 16.684. The stock’s 50 day moving average is €21.27 and its 200 day moving average is €21.36.
Takkt Ag Company Profile
Takkt AG is a Germany-based management holding company of a group of business-to-business (B2B) mail-order companies for business equipment solutions in over 25 countries located in Europe and North America. The Company operates through two divisions: TAKKT EUROPE and TAKKT AMERICA. TAKKT EUROPE comprises the three sub-groups Business Equipment Group (BEG) as well as Office Equipment Group (OEG) and Packaging Solutions Group (PSG).
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