Brokerages Set Talanx AG (TLX) PT at $36.38
Shares of Talanx AG (ETR:TLX) have received a consensus recommendation of “Buy” from the twelve analysts that are presently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is €36.38 ($42.31).
Several equities research analysts recently weighed in on TLX shares. JPMorgan Chase & Co. set a €39.50 ($45.93) target price on shares of Talanx and gave the stock a “buy” rating in a research note on Tuesday, January 8th. Nord/LB set a €35.00 ($40.70) target price on shares of Talanx and gave the stock a “buy” rating in a research note on Thursday, November 22nd. Deutsche Bank set a €37.00 ($43.02) target price on shares of Talanx and gave the stock a “buy” rating in a research note on Tuesday, January 29th. Credit Suisse Group set a €40.00 ($46.51) target price on shares of Talanx and gave the stock a “buy” rating in a research note on Monday, November 26th. Finally, DZ Bank reaffirmed a “neutral” rating on shares of Talanx in a research note on Tuesday, October 16th.
Shares of Talanx stock traded up €0.58 ($0.67) on Wednesday, reaching €33.04 ($38.42). The company had a trading volume of 105,433 shares, compared to its average volume of 138,773. Talanx has a 52-week low of €30.66 ($35.65) and a 52-week high of €37.32 ($43.40).
Talanx Aktiengesellschaft provides insurance and reinsurance products and services worldwide. The company offers life, casualty, liability, motor, aviation, legal protection, fire, burglary and theft, water damage, plate glass, windstorm, comprehensive householders, comprehensive home-owners, hail, livestock, engineering, omnium, marine, business interruption, travel assistance, aviation and space liability, financial lines, and other property insurance, as well as coverage for fire and fire loss of profits insurance.
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