Deutsche Bank set a €39.00 ($45.35) price objective on Talanx (ETR:TLX) in a report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities analysts also recently issued reports about the company. Nord/LB set a €40.00 ($46.51) price objective on Talanx and gave the stock a buy rating in a research report on Tuesday, May 21st. JPMorgan Chase & Co. set a €42.00 ($48.84) price objective on Talanx and gave the stock a buy rating in a research report on Monday, July 22nd. Warburg Research set a €40.80 ($47.44) target price on Talanx and gave the stock a neutral rating in a report on Friday, August 9th. DZ Bank reissued a buy rating on shares of Talanx in a report on Monday. Finally, HSBC set a €39.50 ($45.93) target price on Talanx and gave the stock a buy rating in a report on Monday, June 3rd. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of €38.48 ($44.75).
Shares of ETR TLX opened at €37.06 ($43.09) on Tuesday. The company has a current ratio of 1.31, a quick ratio of 0.76 and a debt-to-equity ratio of 31.94. The stock has a 50 day simple moving average of €38.51 and a 200-day simple moving average of €35.93. The company has a market cap of $9.37 billion and a PE ratio of 13.00. Talanx has a 12-month low of €28.64 ($33.30) and a 12-month high of €39.88 ($46.37).
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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