Talanx AG (TLX) Receives Average Rating of “Hold” from Brokerages
Shares of Talanx AG (ETR:TLX) have been given a consensus recommendation of “Hold” by the twelve ratings firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is €35.77 ($42.59).
A number of analysts recently commented on TLX shares. Baader Bank set a €29.00 ($34.52) target price on Talanx AG and gave the company a “sell” rating in a research report on Monday, May 29th. DZ Bank AG reaffirmed a “sell” rating on shares of Talanx AG in a research report on Monday, May 29th. equinet AG set a €34.00 ($40.48) target price on Talanx AG and gave the company a “neutral” rating in a research report on Monday, May 29th. Commerzbank Ag set a €32.00 ($38.10) target price on Talanx AG and gave the company a “neutral” rating in a research report on Monday, May 29th. Finally, Deutsche Bank AG set a €38.00 ($45.24) target price on Talanx AG and gave the company a “buy” rating in a research report on Tuesday, July 25th.
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Shares of Talanx AG (ETR TLX) opened at 35.10 on Wednesday. Talanx AG has a 12 month low of €25.73 and a 12 month high of €36.50. The firm’s 50-day moving average price is €34.47 and its 200-day moving average price is €33.58. The firm has a market capitalization of €8.87 billion and a price-to-earnings ratio of 9.18.
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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