Berenberg Bank set a €23.50 ($27.33) price objective on TAG Immobilien (ETR:TEG) in a research note released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other analysts have also recently commented on TEG. Barclays set a €23.60 ($27.44) price target on shares of TAG Immobilien and gave the company a buy rating in a research note on Wednesday, January 9th. Baader Bank set a €21.00 ($24.42) price target on shares of TAG Immobilien and gave the company a neutral rating in a research note on Wednesday, March 6th. Jefferies Financial Group set a €17.00 ($19.77) price target on shares of TAG Immobilien and gave the company a neutral rating in a research note on Wednesday, March 6th. Kepler Capital Markets set a €22.00 ($25.58) price objective on shares of TAG Immobilien and gave the company a buy rating in a research note on Wednesday, March 6th. Finally, Deutsche Bank set a €20.00 ($23.26) price objective on shares of TAG Immobilien and gave the company a neutral rating in a research note on Thursday, March 7th. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of €21.27 ($24.73).

TEG opened at €20.76 ($24.14) on Tuesday. TAG Immobilien has a one year low of €16.77 ($19.50) and a one year high of €22.48 ($26.14). The company has a current ratio of 1.02, a quick ratio of 0.44 and a debt-to-equity ratio of 117.11. The company has a market cap of $3.04 billion and a PE ratio of 6.64.

TAG Immobilien Company Profile

TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. It also operates commercial real estate properties. As of December 31, 2018, the company managed approximately 84,400 residential units. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.

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Analyst Recommendations for TAG Immobilien (ETR:TEG)

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