TAG Immobilien (TEG) PT Set at €15.00 by Jefferies Group
Several other brokerages have also recently issued reports on TEG. HSBC set a €20.00 ($24.69) price target on TAG Immobilien and gave the company a buy rating in a research note on Tuesday, January 23rd. Nord/LB set a €16.60 ($20.49) price target on TAG Immobilien and gave the company a buy rating in a research note on Friday, January 19th. Commerzbank set a €17.50 ($21.60) price target on TAG Immobilien and gave the company a neutral rating in a research note on Monday, January 22nd. Finally, Barclays set a €17.10 ($21.11) price target on TAG Immobilien and gave the company a buy rating in a research note on Monday, December 11th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of €17.12 ($21.13).
Shares of TAG Immobilien (TEG) opened at €14.86 ($18.35) on Thursday. The stock has a market capitalization of $2,180.00 and a P/E ratio of 17.28. TAG Immobilien has a 12 month low of €12.35 ($15.25) and a 12 month high of €16.70 ($20.62).
TAG Immobilien AG acquires, develops, and manages residential real estate properties in Germany. The company acquires, rents, and manages residential properties in the regions, such as Berlin, Dresden, Chemnitz, Erfurt, Gera, Hamburg, Leipzig, Rhine-Ruhr, Rostock, and Salzgitter. It also operates commercial real estate properties and boarding houses.
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