TLG Immobilien (ETR:TLG) Given a €28.50 Price Target at HSBC

HSBC set a €28.50 ($33.14) price target on TLG Immobilien (ETR:TLG) in a research note published on Wednesday, May 29th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

TLG has been the subject of several other reports. Kepler Capital Markets set a €29.50 ($34.30) price objective on shares of TLG Immobilien and gave the stock a buy rating in a research report on Wednesday, May 15th. Berenberg Bank set a €28.50 ($33.14) price target on shares of TLG Immobilien and gave the company a neutral rating in a research report on Monday, May 13th. Jefferies Financial Group set a €28.00 ($32.56) price target on shares of TLG Immobilien and gave the company a neutral rating in a research report on Wednesday, May 8th. JPMorgan Chase & Co. set a €31.00 ($36.05) price target on shares of TLG Immobilien and gave the company a buy rating in a research report on Wednesday, May 8th. Finally, UBS Group set a €28.00 ($32.56) price objective on shares of TLG Immobilien and gave the company a neutral rating in a research report on Wednesday, May 8th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of €27.59 ($32.08).

Shares of ETR TLG traded up €0.25 ($0.29) during mid-day trading on Wednesday, hitting €27.35 ($31.80). The company had a trading volume of 154,360 shares, compared to its average volume of 144,049. The stock has a market capitalization of $2.83 billion and a price-to-earnings ratio of 9.02. The company has a debt-to-equity ratio of 72.91, a current ratio of 1.49 and a quick ratio of 0.89. TLG Immobilien has a one year low of €21.14 ($24.58) and a one year high of €27.60 ($32.09).

About TLG Immobilien

TLG Immobilien AG operates as a commercial real estate company in Germany. The company is involved in the letting, management, acquisition, development, disposal, and renting of office, retail, and hotel properties. It operates seven hotels. The company was founded in 1991 and is headquartered in Berlin, Germany.

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Analyst Recommendations for TLG Immobilien (ETR:TLG)

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