Talanx AG (ETR:TLX) has been given a consensus recommendation of “Buy” by the eleven brokerages that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is €39.73 ($46.20).

TLX has been the subject of a number of research reports. JPMorgan Chase & Co. set a €47.00 ($54.65) target price on Talanx and gave the company a “buy” rating in a research report on Thursday. Deutsche Bank set a €39.00 ($45.35) target price on Talanx and gave the company a “buy” rating in a research report on Monday, September 30th. DZ Bank reiterated a “buy” rating on shares of Talanx in a research report on Monday, August 12th. Warburg Research set a €40.80 ($47.44) target price on Talanx and gave the company a “neutral” rating in a research report on Friday, August 9th. Finally, Nord/LB set a €40.00 ($46.51) target price on Talanx and gave the company a “neutral” rating in a research report on Tuesday, August 20th.

Shares of ETR TLX traded down €0.14 ($0.16) during midday trading on Monday, reaching €41.32 ($48.05). 71,505 shares of the stock traded hands, compared to its average volume of 138,773. The company has a debt-to-equity ratio of 31.89, a current ratio of 1.29 and a quick ratio of 0.75. The stock has a market capitalization of $10.45 billion and a PE ratio of 14.06. Talanx has a one year low of €29.04 ($33.77) and a one year high of €42.54 ($49.47). The company’s 50 day moving average is €39.69 and its 200 day moving average is €37.70.

About Talanx

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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Analyst Recommendations for Talanx (ETR:TLX)

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