Takkt Ag (TTK) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Takkt Ag (ETR:TTK) have been given an average rating of “Hold” by the seven brokerages that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is €21.75 ($25.29).
A number of research analysts recently commented on the stock. Berenberg Bank set a €22.00 ($25.58) price target on shares of Takkt Ag and gave the company a “neutral” rating in a research note on Friday, October 27th. Hauck & Aufhaeuser set a €23.50 ($27.33) price target on shares of Takkt Ag and gave the company a “buy” rating in a research note on Tuesday, October 24th. Kepler Capital Markets set a €19.00 ($22.09) price target on shares of Takkt Ag and gave the company a “neutral” rating in a research note on Friday, October 27th. Warburg Research set a €24.30 ($28.26) price target on shares of Takkt Ag and gave the company a “buy” rating in a research note on Wednesday, July 19th. Finally, DZ Bank AG reiterated a “neutral” rating on shares of Takkt Ag in a research note on Friday, October 27th.
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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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