Analysts Set Takkt Ag (TTK) Price Target at $23.48
Takkt Ag (ETR:TTK) has been assigned a consensus recommendation of “Buy” from the six research firms that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is €23.48 ($27.95).
Several brokerages have issued reports on TTK. Berenberg Bank set a €23.80 ($28.33) target price on Takkt Ag and gave the company a “neutral” rating in a research note on Wednesday. equinet AG set a €21.80 ($25.95) target price on Takkt Ag and gave the company a “buy” rating in a research note on Wednesday, August 2nd. Kepler Capital Markets set a €22.50 ($26.79) target price on Takkt Ag and gave the company a “neutral” rating in a research note on Thursday, July 27th. DZ Bank AG restated a “neutral” rating on shares of Takkt Ag in a research note on Monday, July 24th. Finally, Warburg Research set a €24.30 ($28.93) target price on Takkt Ag and gave the company a “buy” rating in a research note on Wednesday, July 19th.
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Takkt Ag (ETR TTK) traded down 0.93% during midday trading on Thursday, reaching €19.70. The company had a trading volume of 40 shares. Takkt Ag has a 12-month low of €18.90 and a 12-month high of €23.23. The stock’s 50 day moving average is €20.08 and its 200 day moving average is €21.09. The firm has a market capitalization of €1.29 billion and a price-to-earnings ratio of 16.00.
Takkt Ag Company Profile
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 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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