TLG Immobilien (TLG) PT Set at €22.50 by HSBC
TLG Immobilien (ETR:TLG) received a €22.50 ($27.78) target price from HSBC in a report released on Thursday. The firm currently has a “neutral” rating on the stock. HSBC’s price target would suggest a potential upside of 1.17% from the company’s previous close.
Several other analysts have also recently weighed in on the stock. Nord/LB set a €21.00 ($25.93) target price on shares of TLG Immobilien and gave the company a “neutral” rating in a report on Friday, December 8th. UBS Group reaffirmed a “neutral” rating on shares of TLG Immobilien in a report on Thursday, December 7th. Commerzbank set a €25.00 ($30.86) target price on shares of TLG Immobilien and gave the company a “buy” rating in a report on Thursday, November 30th. Deutsche Bank set a €24.00 ($29.63) target price on shares of TLG Immobilien and gave the company a “buy” rating in a report on Friday, November 10th. Finally, Berenberg Bank set a €22.00 ($27.16) target price on shares of TLG Immobilien and gave the company a “buy” rating in a report on Thursday, November 9th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of €22.26 ($27.48).
Shares of TLG Immobilien (ETR TLG) opened at €22.24 ($27.46) on Thursday. The firm has a market cap of $2,270.00 and a P/E ratio of 6.93. TLG Immobilien has a 1-year low of €17.16 ($21.19) and a 1-year high of €23.28 ($28.74).
About TLG Immobilien
TLG Immobilien AG operates as a commercial real estate company in Germany. The company is involved in the letting, management, acquisition, development, and disposal of commercial real estate properties, including office, retail, and hotel properties. It operates seven hotels in Berlin, Dresden, Leipzig, and Rostock.
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