Berenberg Bank Reiterates “€20.00” Price Target for Takkt (TTK)

Takkt (ETR:TTK) has been given a €20.00 ($23.26) price objective by Berenberg Bank in a research note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 27.39% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the stock. Warburg Research set a €20.00 ($23.26) price objective on shares of Takkt and gave the stock a “buy” rating in a research note on Thursday. Kepler Capital Markets set a €19.50 ($22.67) price objective on shares of Takkt and gave the stock a “neutral” rating in a research note on Thursday. DZ Bank restated a “neutral” rating on shares of Takkt in a research note on Thursday, February 14th. Finally, equinet set a €20.00 ($23.26) price objective on shares of Takkt and gave the stock a “buy” rating in a research note on Friday, October 26th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of €18.85 ($21.92).

ETR:TTK opened at €15.70 ($18.26) on Friday. Takkt has a 52 week low of €17.30 ($20.12) and a 52 week high of €23.10 ($26.86).

About Takkt

TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. The company offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers for hazardous materials for transport, plant, warehouse, and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; and serving platters, bread baskets, and table decorations, as well as plates and cutlery for the food service and retail industries.

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Analyst Recommendations for Takkt (ETR:TTK)

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