Talanx AG (ETR:TLX) has been given a €38.00 ($45.24) target price by equities researchers at Nord/LB in a research note issued to investors on Wednesday. The firm currently has a “neutral” rating on the stock.
A number of other brokerages have also issued reports on TLX. J P Morgan Chase & Co set a €35.00 ($41.67) target price on shares of Talanx AG and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Deutsche Bank AG set a €34.50 ($41.07) target price on shares of Talanx AG and gave the stock a “neutral” rating in a research report on Tuesday, May 30th. equinet AG set a €34.00 ($40.48) target price on shares of Talanx AG and gave the stock a “neutral” rating in a research report on Monday, May 29th. Baader Bank set a €29.00 ($34.52) target price on shares of Talanx AG and gave the stock a “sell” rating in a research report on Monday, May 29th. Finally, DZ Bank AG reaffirmed a “sell” rating on shares of Talanx AG in a research report on Monday, May 29th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. Talanx AG has a consensus rating of “Hold” and an average price target of €35.77 ($42.59).
Talanx AG (TLX) traded down 0.497% on Wednesday, reaching €34.257. 470 shares of the company’s stock were exchanged. The stock has a market capitalization of €8.66 billion and a PE ratio of 8.956. The firm has a 50 day moving average of €34.76 and a 200 day moving average of €33.67. Talanx AG has a 12 month low of €26.30 and a 12 month high of €36.50.
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About Talanx AG
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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