Hauck & Aufhaeuser Reiterates €23.50 Price Target for Takkt Ag (TTK)
Other equities research analysts also recently issued research reports about the company. equinet AG set a €21.80 ($25.65) price objective on Takkt Ag and gave the company a buy rating in a report on Wednesday, August 2nd. Warburg Research set a €24.30 ($28.59) price objective on Takkt Ag and gave the company a buy rating in a report on Wednesday, July 19th. Berenberg Bank set a €23.80 ($28.00) price objective on Takkt Ag and gave the company a neutral rating in a report on Wednesday, September 20th. Kepler Capital Markets set a €22.50 ($26.47) price objective on Takkt Ag and gave the company a neutral rating in a report on Thursday, July 27th. Finally, DZ Bank AG reiterated a neutral rating on shares of Takkt Ag in a report on Monday, July 24th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of €23.18 ($27.27).
Takkt Ag (ETR TTK) opened at 19.621 on Thursday. Takkt Ag has a 52-week low of €18.90 and a 52-week high of €23.23. The company has a 50 day moving average price of €19.79 and a 200-day moving average price of €20.94. The firm has a market cap of €1.29 billion and a price-to-earnings ratio of 15.939.
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About Takkt Ag
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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