Talanx AG (ETR:TLX) has earned a consensus recommendation of “Buy” from the thirteen ratings firms that are presently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is €37.66 ($42.80).

Several research firms recently commented on TLX. Societe Generale set a €41.00 ($46.59) target price on Talanx and gave the stock a “buy” rating in a research report on Friday, May 11th. JPMorgan Chase & Co. set a €39.80 ($45.23) target price on Talanx and gave the stock a “buy” rating in a research report on Friday, May 11th. HSBC set a €40.20 ($45.68) target price on Talanx and gave the stock a “buy” rating in a research report on Wednesday, May 9th. equinet set a €39.00 ($44.32) target price on Talanx and gave the stock a “buy” rating in a research report on Monday, August 13th. Finally, Deutsche Bank set a €40.00 ($45.45) target price on Talanx and gave the stock a “buy” rating in a research report on Monday, July 23rd.

Shares of ETR:TLX traded up €0.02 ($0.02) during trading on Wednesday, hitting €31.20 ($35.45). 139,332 shares of the stock were exchanged, compared to its average volume of 138,773. Talanx has a 1-year low of €30.66 ($34.84) and a 1-year high of €37.32 ($42.41).

Talanx Company Profile

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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Analyst Recommendations for Talanx (ETR:TLX)

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