Talanx (ETR:TLX) Given a €48.00 Price Target by Nord/LB Analysts

Talanx (ETR:TLX) has been given a €48.00 ($55.81) target price by analysts at Nord/LB in a report issued on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Nord/LB’s target price would indicate a potential upside of 11.32% from the company’s previous close.

Several other equities research analysts have also issued reports on the stock. Deutsche Bank set a €39.00 ($45.35) price objective on shares of Talanx and gave the company a “buy” rating in a research note on Monday, September 30th. JPMorgan Chase & Co. set a €47.00 ($54.65) price objective on shares of Talanx and gave the company a “buy” rating in a research note on Thursday, October 17th. Warburg Research set a €40.80 ($47.44) price objective on shares of Talanx and gave the company a “neutral” rating in a research note on Friday, August 9th. Oddo Bhf set a €43.00 ($50.00) price objective on shares of Talanx and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Talanx in a research note on Monday, August 12th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Talanx currently has a consensus rating of “Buy” and an average target price of €42.47 ($49.39).

TLX stock opened at €43.12 ($50.14) on Tuesday. The company has a current ratio of 1.34, a quick ratio of 0.80 and a debt-to-equity ratio of 29.91. Talanx has a 1 year low of €29.04 ($33.77) and a 1 year high of €43.52 ($50.60). The company has a fifty day simple moving average of €41.47 and a 200 day simple moving average of €38.59. The firm has a market cap of $10.95 billion and a PE ratio of 11.41.

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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