DZ Bank reissued their buy rating on shares of Talanx (ETR:TLX) in a report published on Monday, Borsen Zeitung reports.
Several other research analysts have also recently weighed in on the company. Nord/LB set a €40.00 ($46.51) price target on Talanx and gave the company a buy rating in a research report on Tuesday, May 21st. HSBC set a €39.50 ($45.93) price target on Talanx and gave the company a buy rating in a research report on Monday, June 3rd. Warburg Research set a €40.80 ($47.44) price objective on Talanx and gave the company a neutral rating in a report on Friday, August 9th. Deutsche Bank set a €39.00 ($45.35) price objective on Talanx and gave the company a buy rating in a report on Wednesday, June 26th. Finally, JPMorgan Chase & Co. set a €42.00 ($48.84) price objective on Talanx and gave the company a buy rating in a report on Monday, July 22nd. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of €38.48 ($44.75).
Shares of TLX stock opened at €37.06 ($43.09) on Monday. The stock has a 50 day moving average of €38.51 and a 200 day moving average of €35.93. The company has a current ratio of 1.31, a quick ratio of 0.76 and a debt-to-equity ratio of 31.94. The stock has a market cap of $9.37 billion and a P/E ratio of 13.00. Talanx has a twelve month low of €28.64 ($33.30) and a twelve month high of €39.88 ($46.37).
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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