TLG Immobilien (TLG) PT Set at €24.50 by Bank of America
TLG Immobilien (ETR:TLG) has been given a €24.50 ($29.17) price objective by analysts at Bank of America in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the stock. Bank of America’s price target indicates a potential upside of 7.55% from the stock’s previous close.
Several other research analysts also recently issued reports on the company. Nord/LB set a €21.00 ($25.00) price target on TLG Immobilien and gave the stock a “neutral” rating in a research note on Friday, December 8th. UBS Group reaffirmed a “neutral” rating on shares of TLG Immobilien in a research note on Thursday, December 7th. Commerzbank set a €25.00 ($29.76) price target on TLG Immobilien and gave the stock a “buy” rating in a research note on Thursday, November 30th. Deutsche Bank set a €24.00 ($28.57) price target on TLG Immobilien and gave the stock a “buy” rating in a research note on Friday, November 10th. Finally, Berenberg Bank set a €22.00 ($26.19) price target on TLG Immobilien and gave the stock a “buy” rating in a research note on Thursday, November 9th. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. TLG Immobilien currently has a consensus rating of “Buy” and a consensus target price of €22.28 ($26.53).
TLG Immobilien (TLG) opened at €22.78 ($27.12) on Friday. The stock has a market capitalization of $2,320.00 and a price-to-earnings ratio of 7.10. TLG Immobilien has a one year low of €17.03 ($20.27) and a one year high of €22.82 ($27.17).
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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