Shares of Talanx AG (ETR:TLX) have been given a consensus recommendation of “Hold” by the thirteen ratings firms that are presently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is €37.66 ($46.50).
A number of equities research analysts have recently weighed in on the stock. Societe Generale set a €41.00 ($50.62) price target on shares of Talanx and gave the company a “buy” rating in a research note on Monday, March 26th. DZ Bank restated a “sell” rating on shares of Talanx in a research note on Wednesday, January 24th. Commerzbank restated a “neutral” rating and issued a price target on shares of Talanx in a research note on Monday, January 22nd. JPMorgan Chase set a €39.80 ($49.14) price target on shares of Talanx and gave the company a “buy” rating in a research note on Monday, March 19th. Finally, Nord/LB set a €39.00 ($48.15) price target on shares of Talanx and gave the company a “buy” rating in a research note on Friday, March 16th.
Shares of TLX traded up €0.12 ($0.15) during mid-day trading on Thursday, reaching €36.94 ($45.60). The company had a trading volume of 186,643 shares, compared to its average volume of 138,773. Talanx has a 1-year low of €30.66 ($37.85) and a 1-year high of €37.32 ($46.07).
Talanx Company Profile
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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