Talanx (TLX) PT Set at €40.00 by Nord/LB
Nord/LB set a €40.00 ($46.51) price objective on Talanx (ETR:TLX) in a research note published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages have also recently commented on TLX. Oddo Bhf set a €39.00 ($45.35) price objective on shares of Talanx and gave the stock a buy rating in a research note on Thursday, May 16th. JPMorgan Chase & Co. set a €39.50 ($45.93) price objective on shares of Talanx and gave the stock a buy rating in a research note on Thursday, May 2nd. Deutsche Bank set a €39.00 ($45.35) price objective on shares of Talanx and gave the stock a buy rating in a research note on Wednesday, May 8th. DZ Bank reaffirmed a buy rating on shares of Talanx in a research note on Thursday, May 9th. Finally, HSBC set a €39.00 ($45.35) price objective on shares of Talanx and gave the stock a buy rating in a research note on Wednesday, March 20th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of €37.20 ($43.26).
Shares of ETR TLX opened at €35.72 ($41.53) on Tuesday. The company has a market cap of $9.03 billion and a PE ratio of 12.53. Talanx has a 12 month low of €28.64 ($33.30) and a 12 month high of €37.20 ($43.26). The company has a debt-to-equity ratio of 31.94, a quick ratio of 0.76 and a current ratio of 1.31.
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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