Talanx (ETR:TLX) Given a €46.60 Price Target at Warburg Research
Warburg Research set a €46.60 ($54.19) price objective on Talanx (ETR:TLX) in a report released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other equities research analysts have also recently issued reports about the company. HSBC set a €46.00 ($53.49) price objective on Talanx and gave the company a neutral rating in a research note on Wednesday, December 18th. DZ Bank reaffirmed a buy rating on shares of Talanx in a research note on Thursday, November 21st. JPMorgan Chase & Co. set a €50.00 ($58.14) price objective on Talanx and gave the company a buy rating in a research note on Monday, January 6th. Nord/LB set a €48.00 ($55.81) target price on Talanx and gave the stock a buy rating in a research note on Tuesday, November 19th. Finally, Oddo Bhf set a €43.00 ($50.00) target price on Talanx and gave the stock a neutral rating in a research note on Tuesday, November 12th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of Buy and an average target price of €45.43 ($52.83).
Shares of ETR TLX opened at €48.04 ($55.86) on Tuesday. Talanx has a twelve month low of €32.86 ($38.21) and a twelve month high of €48.22 ($56.07). The company has a current ratio of 1.34, a quick ratio of 0.80 and a debt-to-equity ratio of 29.91. The stock has a fifty day simple moving average of €45.52 and a 200-day simple moving average of €41.93. The stock has a market capitalization of $12.14 billion and a PE ratio of 12.71.
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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