Talanx (ETR:TLX) has been assigned a €41.00 ($47.67) price target by stock analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 28.53% from the company’s previous close.
Other research analysts have also recently issued research reports about the company. DZ Bank reiterated a “neutral” rating on shares of Talanx in a research report on Monday, August 13th. Societe Generale set a €38.00 ($44.19) price objective on Talanx and gave the stock a “buy” rating in a research report on Wednesday, August 15th. Berenberg Bank set a €34.80 ($40.47) price objective on Talanx and gave the stock a “neutral” rating in a research report on Wednesday, August 15th. Baader Bank set a €34.00 ($39.53) price objective on Talanx and gave the stock a “neutral” rating in a research report on Monday, August 13th. Finally, Commerzbank set a €37.00 ($43.02) price objective on Talanx and gave the stock a “buy” rating in a research report on Thursday, August 23rd. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of €37.98 ($44.16).
TLX stock opened at €31.90 ($37.09) on Tuesday. Talanx has a fifty-two week low of €30.66 ($35.65) and a fifty-two week high of €37.32 ($43.40).
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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