Warburg Research set a €11.80 ($13.88) price objective on TAKKT AG (TTK.F) (ETR:TTK) in a research note published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other brokerages also recently issued reports on TTK. Hauck & Aufhaeuser set a €13.50 ($15.88) target price on shares of TAKKT AG (TTK.F) and gave the stock a buy rating in a research note on Friday, July 31st. Berenberg Bank set a €13.00 ($15.29) target price on shares of TAKKT AG (TTK.F) and gave the stock a buy rating in a research note on Wednesday, September 23rd. Finally, DZ Bank reiterated a buy rating on shares of TAKKT AG (TTK.F) in a research note on Friday, July 31st. Five investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and a consensus target price of €12.83 ($15.09).
ETR:TTK opened at €10.10 ($11.88) on Wednesday. TAKKT AG has a one year low of €5.73 ($6.74) and a one year high of €13.02 ($15.32). The company has a debt-to-equity ratio of 18.05, a current ratio of 1.55 and a quick ratio of 0.75. The company’s 50-day simple moving average is €10.38 and its 200 day simple moving average is €9.36. The firm has a market capitalization of $662.66 million and a P/E ratio of 11.72.
TAKKT AG operates as a B2B direct marketing company for business equipment in Europe and North America. The company operates in two segments, Omnichannel Commerce and Web-Focused Commerce. The Omnichannel Commerce segment offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers to hazardous materials for transport, plant, warehouse, and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; desk chairs, desks, conference tables, and furniture for reception areas that are used in automotive suppliers, service and retail companies, public institutions, government agencies, health care sector, schools, and churches; and serving platters and food baskets, as well as kitchen stoves and freezers.
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