Takkt (ETR:TTK) Receives Neutral Rating from DZ Bank

DZ Bank reissued their neutral rating on shares of Takkt (ETR:TTK) in a report released on Wednesday, June 5th, Borsen Zeitung reports.

Several other analysts have also weighed in on the company. Kepler Capital Markets set a €19.50 ($22.67) price objective on Takkt and gave the stock a neutral rating in a report on Thursday, February 21st. Berenberg Bank set a €20.00 ($23.26) price target on Takkt and gave the company a buy rating in a research note on Wednesday, May 22nd. Finally, Warburg Research set a €20.00 ($23.26) price target on Takkt and gave the company a buy rating in a research note on Thursday, April 18th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of Buy and an average target price of €18.35 ($21.34).

ETR TTK traded up €0.10 ($0.12) during trading on Wednesday, hitting €12.80 ($14.88). The company’s stock had a trading volume of 46,516 shares, compared to its average volume of 67,952. The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 29.24. The business’s 50 day moving average is €12.84. The firm has a market cap of $839.81 million and a price-to-earnings ratio of 9.41. Takkt has a 52 week low of €12.00 ($13.95) and a 52 week high of €17.26 ($20.07).

About Takkt

TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. It offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers for hazardous materials for transport, plant, warehouse, and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; and serving platters and food baskets, as well as kitchen stoves and freezers.

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Analyst Recommendations for Takkt (ETR:TTK)

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