TAG Immobilien (TEG) Given a €17.00 Price Target by Jefferies Financial Group Analysts

TAG Immobilien (ETR:TEG) received a €17.00 ($19.77) target price from analysts at Jefferies Financial Group in a research note issued on Tuesday. The firm presently has a “neutral” rating on the stock. Jefferies Financial Group’s price target points to a potential downside of 16.34% from the company’s previous close.

Other equities analysts also recently issued reports about the company. Berenberg Bank set a €22.00 ($25.58) price objective on TAG Immobilien and gave the stock a “buy” rating in a report on Monday, August 20th. HSBC set a €24.00 ($27.91) price objective on TAG Immobilien and gave the stock a “buy” rating in a report on Monday. Nord/LB set a €20.12 ($23.40) price objective on TAG Immobilien and gave the stock a “neutral” rating in a report on Monday, August 20th. Cfra set a €21.30 ($24.77) price objective on TAG Immobilien and gave the stock a “neutral” rating in a report on Friday, August 10th. Finally, Oddo Bhf set a €18.00 ($20.93) price objective on TAG Immobilien and gave the stock a “neutral” rating in a report on Friday, August 10th. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. TAG Immobilien presently has an average rating of “Hold” and an average target price of €20.17 ($23.46).

TAG Immobilien stock opened at €20.32 ($23.63) on Tuesday. TAG Immobilien has a 12 month low of €12.41 ($14.43) and a 12 month high of €16.70 ($19.42).

About TAG Immobilien

TAG Immobilien AG acquires, develops, and manages residential real estate properties in Germany.. It also operates commercial real estate properties and boarding houses. As of December 31, 2017, the company managed approximately 83,000 residential units. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.

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Analyst Recommendations for TAG Immobilien (ETR:TEG)

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