Talanx AG (ETR:TLX) Receives €37.80 Consensus PT from Brokerages

Shares of Talanx AG (ETR:TLX) have received an average rating of “Buy” from the thirteen brokerages that are presently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is €37.80 ($43.95).

TLX has been the topic of several recent analyst reports. Oddo Bhf set a €23.60 ($27.44) price target on RWE and gave the stock a “neutral” rating in a report on Thursday, May 16th. Deutsche Bank reiterated a “hold” rating and issued a GBX 1,775 ($23.19) price target on shares of in a report on Wednesday, June 26th. Nord/LB set a €53.00 ($61.63) price target on Lanxess and gave the stock a “neutral” rating in a report on Tuesday, May 21st. HSBC reduced their price target on Canada Goose from C$62.00 to C$55.00 and set a “buy” rating on the stock in a report on Monday, June 3rd. Finally, DZ Bank reiterated a “buy” rating on shares of Talanx in a report on Thursday, May 9th.

TLX stock traded down €0.06 ($0.07) during midday trading on Friday, reaching €38.90 ($45.23). 53,691 shares of the company traded hands, compared to its average volume of 138,773. Talanx has a 52-week low of €28.64 ($33.30) and a 52-week high of €39.88 ($46.37). The company has a quick ratio of 0.76, a current ratio of 1.31 and a debt-to-equity ratio of 31.94. The stock’s 50 day simple moving average is €37.32. The firm has a market cap of $9.83 billion and a price-to-earnings ratio of 13.65.

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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Analyst Recommendations for Talanx (ETR:TLX)

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