Talanx (ETR:TLX) received a €39.00 ($45.35) price objective from stock analysts at Deutsche Bank in a research report issued on Wednesday, May 8th, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price objective points to a potential upside of 9.67% from the company’s previous close.
Several other research analysts have also commented on TLX. DZ Bank reiterated a “neutral” rating on shares of Talanx in a research report on Tuesday, March 19th. HSBC set a €39.00 ($45.35) target price on Talanx and gave the stock a “buy” rating in a research report on Wednesday, March 20th. JPMorgan Chase & Co. set a €39.50 ($45.93) price objective on Talanx and gave the company a “buy” rating in a research report on Tuesday, March 19th. Finally, Nord/LB set a €38.50 ($44.77) price objective on Talanx and gave the company a “buy” rating in a research report on Friday, March 22nd. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of €37.20 ($43.26).
Shares of ETR TLX opened at €35.56 ($41.35) on Wednesday. Talanx has a fifty-two week low of €28.64 ($33.30) and a fifty-two week high of €37.20 ($43.26). 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 company has a market cap of $8.99 billion and a price-to-earnings ratio of 12.48.
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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